Financial ExpressNov 18, 2021Food, grocery, restaurant sectors help India’s retail market finally cross pre-Covid sales levelEase of Doing Business for MSMEs: While overall retail sales in October showed 34 per cent growth from October 2020 levels, furniture & furnishing, beauty/wellness & personal care, and footwear segments were yet to achieve full recovery.Ease of Doing Business for MSMEs: MSME-dominated food and grocery retail market in India has led the retail sales recovery beyond the pre-pandemic levels in October. The sales growth for the food and grocery segment stood at an impressive 31 per cent from October 2019. Quick Service Restaurant (QSR) segment also achieved 29 per cent growth from October 2019 levels.Among the nine sub-sectors in the overall retail sector in India, food & grocery and restaurants segments recorded the highest growth levels in comparison to the pre-pandemic levels.The data was shared by retailers’ body Retailers Association of India (RAI) in its latest market survey.Read more at Financial Express
Ease of Doing Business for MSMEs: While overall retail sales in October showed 34 per cent growth from October 2020 levels, furniture & furnishing, beauty/wellness & personal care, and footwear segments were yet to achieve full recovery.Ease of Doing Business for MSMEs: MSME-dominated food and grocery retail market in India has led the retail sales recovery beyond the pre-pandemic levels in October. The sales growth for the food and grocery segment stood at an impressive 31 per cent from October 2019. Quick Service Restaurant (QSR) segment also achieved 29 per cent growth from October 2019 levels.Among the nine sub-sectors in the overall retail sector in India, food & grocery and restaurants segments recorded the highest growth levels in comparison to the pre-pandemic levels.The data was shared by retailers’ body Retailers Association of India (RAI) in its latest market survey.Read more at Financial Express
