Big consumer gap: Mass mkt lags, premium soars

Discretionary spending in India is divided between robust demand for premium brands and a sluggish mass market segment. High inflation impacts lower-income households. International travel, premium alcohol, beauty and personal care, and home improvement perform well. The FMCG sector struggles with low volume growth.

from Mumbai News: Latest Mumbai News Headlines, Coronavirus News, BMC Elections 2022 Updates from Mumbai - Times of India https://ift.tt/UrhMY7a