Consumer spending on cars, smartphones, TVs and other big-ticket items light up festive sales in first leg

The first phase accounts for 40-50% of total festive sales. The second phase begins a week before Diwali, which is on November 12 this year. This surge reflects a revival in consumer sentiment, which has been subdued for over a year.

from Auto-Industry-Economic Times https://ift.tt/Hv56r82