Lenskart, Meesho among top picks as value retail leads India's consumption story: Siddhartha Khemka
Value-focused retail formats are growing, while premium categories experience challenges due to stock availability issues. Recent demand fluctuated with a dip noted in September and October, with expectations for improvement in mid-October. Beauty products significantly influence sales, contributing to the overall trends in the market. Rural incomes may pose risks to discretionary spending as festive season approaches. Companies with effective inventory management and store-level traction are b…
