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India's retail sales up 6% in March amid steady demand: RAI

28 Apr '25
2 min read
India's retail sales up 6% in March amid steady demand: RAI
Pic: Shutterstock

Insights

  • India's retail sales rose 6 per cent YoY in March 2025, driven by moderate growth across categories, according to the RAI.
  • Apparel grew 6 per cent, footwear 2 per cent, and furniture 5 per cent.
  • North and west India led regional growth at 8 per cent.
  • While overall sentiment remains cautious, domestic demand appears stable despite global trade uncertainties.
Retail sales in India grew 6 per cent in March 2025 compared to the same month last year, according to the 60th Retail Business Survey by the Retailers Association of India (RAI).

Apparel and clothing experienced a 6 per cent year-over-year (YoY) increase and footwear posted relatively lower growth figures at 2 per cent YoY in March 2025. Furniture and furnishing recorded a 5 per cent growth, while sports goods saw a modest 4 per cent rise compared to March 2024.

Regional data shows that north and west India recorded the highest year-on-year growth at 8 per cent each. East and south India followed with a 5 per cent rise.

The figures point to steady domestic demand at a time when global trade conditions remain unsettled, the RAI said in a press release.

Kumar Rajagopalan, CEO of RAI, said: “Retail businesses in India reflects growth. However, double digit growth is still eluding the sector. Customers are spending cautiously but are willing to spend on aspirational and innovative products. Discretionary spending keeps shifting from one category to another and hence no category has been witnessing steady growth month on month.”

The survey also highlights a cautious but steady outlook among retailers, with no significant drops in consumer spending. While concerns remain about the wider impact of global trade tensions, current trends suggest that domestic consumption is largely unaffected.

ALCHEMPro News Desk (KD)

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