Retail Sector To Benefit From Domestic Consumption

Retail Sector in India

The retail sector is one of the most profitable sectors in India. With the global economy, particularly that of the US and Europe, expected to witness a mild recession, the Indian growth story will remain intact with the help of domestic consumption. Bhavya Rathod shares the outlook on the retail sector while the DSIJ Research Team highlights top picks from this buzzing industry 

Taking into account the latest GDP data in India, we find that the services sector has done exceedingly well thanks majorly to the transport and hotel sectors. The retail sector is one such that is in the limelight post the pandemic as the demand normalisation and uptick in sales is expected to create profitable opportunities for the sector just as in the case of the hotel industry. The retail sector was undoubtedly the most negatively impacted sector owing to the strict pandemic-triggered lockdowns in India. However, after a tough two years the retail sector is all set to attract both customers and investors as vibrancy is seen in the sector once again.