As India enters the festive season with Onam, companies are uncertain whether this will revive consumption, with demand remaining subdued among low-to-mid income consumers. Higher discounts and promotional offers are expected, especially as industries like automobiles and electronics aim to clear unsold inventory and boost sales during this crucial period. As India enters the festive season with Onam, companies are uncertain whether this will revive consumption, with demand remaining subdued among low-to-mid income consumers. Higher discounts and promotional offers are expected, especially as industries like automobiles and electronics aim to clear unsold inventory and boost sales during this crucial period.
