While segments like value retail, jewellery, and luggage are poised to deliver strong growth, the footwear and quick service restaurant (QSR) sectors faced significant demand challenges due to factors such as heavy rainfall and weaker out-of-home consumption.
Mumbai (Maharashtra) [India], August 5 (ANI): After declining 13 to 15 per cent last fiscal, cigarette sales volume is set to rise 7 to 9 per cent to 83 to 85 billion sticks this fiscal, driven by recovery in out-of-home consumption, limited price hikes and a lower-base effect.