Deloitte, in its Global State of the Consumer Tracker analysis, divulged wave 22, indicating a consumption revival in India.Decreasing number of COVID-19 cases and an aggressive vaccination drive have brought in a new surge of confidence amongst Indian consumers.
Latest findings reveal that the Indian consumer is ready to spend more on discretionary items, feels safe about returning to work place, wants to spend on travel and is less hesitant about in-person events and activities—all of which are positive trends for India’s economic revival.