Retailers in the country reported 5 per cent growth in the retail sector in January compared to same month last year, according to the latest survey of Retailers Association India (RAI). The growth was led by food and grocery segment while QSR and consumer durables segment also witnessed an uptick.
“RAI’s survey shows 5 per cent retail growth in January, led by food & grocery at 13 per cent, QSR and CDIT grew by 6 per cent, indicating a rise in consumer spending in these categories. The Union Budget 2025’s income tax exemption limit of ₹12 lakh provides relief to retailers after last year’s slowdown,” said RAI CEO Kumar Rajagopalan.
- Also read: Muthoot Finance gets RBI approval to open 115 new branches
“Consumer choices, however, vary widely. Retailers must adapt to these shifts, understand evolving preferences, and build the right operating model to stay competitive,” he added.
While retailers in western India witnessed sales growth of 7 per cent, North and South Indiarecorded a 5 per cent increase. East India showed a growth of only 4 per cent.
- Also read: Zydus Lifesciences to launch VaxiFlu-4 for new influenza strain
In terms of categories, apparel and clothing segment witnessed a 4 per cent growth in January 2025 compared to same month previous year. Footwear segment sales growth was also estimated at 4 per cent. Jewellery segment sales were up 3 per cent. Sports goods and beauty & wellness categories witnessed sales growth of 2 per cent each. Furniture and furnishing segment witnessed a growth of mere 1 per cent.