Overview
- Consumer durables logged roughly 35–40% year-on-year growth, led by large-panel TVs, air conditioners and dishwashers, according to executives at LG, Samsung, Haier and Godrej Appliances.
- Automakers reported bumper festival activity, with Maruti Suzuki doubling last year’s Navratri sales and citing 700,530 enquiries and 150,000 bookings by Wednesday, as Mahindra retail rose about 60% and Hyundai said SUVs formed over 72% of sales.
- Haier said Navratri sales jumped 85% and neared sell-outs of 85- and 100-inch premium TVs, while daily sales of 65-inch models reached about 300–350 units, reflecting strong upgrade demand.
- Apparel and footwear chains reported 15–20% sales growth since September 22, while Mumbai’s Infiniti Malls saw footfalls rise 15–20% and category sales up around 30% as 7–10% price drops drew shoppers.
- Retailers said GST savings were passed through with added promotions, with Reliance Retail reporting a 20–25% sales jump, and several companies signaled momentum is set to carry into Diwali.