New Delhi, Sept. 4 -- Food and grocery, followed by apparel, Fast Moving Consumer Durable (FMCD) and electronics, furniture and home furnishings and Quick-service Restaurant (QSR) will see a V-shaped recovery within the next 2-3 quarters, reveals the latest report 'Indian Retail - Certainty Despite Headwinds' by Anarock & Retailers Association of India (RAI). Other segments like beauty, wellness and personal care and home essentials may take 4-6 quarters to recover fully, it added.
The average bill value for essentials has gone up 1.5 times after lifting of lockdown -from Rs 650 per basket in early March to more than Rs 900 per basket, it also added.
Organised retail and e-commerce are on an upswing. According to IBEF, the share of Indian...