consumers are more than ready to loosen their purse strings, buy more discretionary goods, resume leisure travel, and are more confident about returning to work, in a sign that consumption is reviving in the country, said a survey by Deloitte Touche Tohmatsu India that included India.
Deloitte reported the findings in its Global State of the Consumer Tracker gauging consumer responses over a 30-day period. The company has been tracking consumer sentiment since the onset of the pandemic globally.
The survey is fielded in 18 countries covering 1,000 people per country, per wave. Indians are cautiously returning to a state of “business as usual", it said.