Notably, specific segments such as footwear and sports goods contributed significantly to the overall retail growth, witnessing an increase of 8 per cent and 9 per cent year-on-year, respectively.
Regionally, the performance varied across the country, with retailers in West and South India leading the growth charts at 6 per cent each. In comparison, North India saw a slightly lower growth rate at 4 per cent. East India lagged behind its counterparts, recording the least growth at only 3 per cent, as per the survey.
ALCHEMPro News Desk (DP)
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