In the first of a two-part series, Forbes India analyses the prospects of the festive season for ecommerce logistics, household appliances, rural demand, travel and hospitality, and bank loans
Inflation and rising interest rates unlikely to stall momentum
Airlines, hotels and travel companies say they are seeing an increase in bookings after a Covid-induced slump over the past two years
Analysts predict a 2-3x increase in volumes as companies hire more talent and ramp up capacity
High inflation, decline in wages and uneven rainfall have put a damper on rural demand
Inflation has hurt consumer sentiment in mass segments, but premium products are faring better; home furniture, storage, kitchens, air coolers and washing machines see good demand