Festive consumption growth halved in 2024: Nomura
- Posted on November 5, 2024
- By Business News Today
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Festive consumption growth halved in 2024: Nomura
Nomura reports that festive consumption growth in India has halved to 15% this year, attributing the slowdown to weak demand in major cities and industrial areas. Despite steady demand in rural areas and smaller cities, overall festive sales growth has been mixed.
