💨 Abstract

The Nomura report predicts weak growth in India's consumer durables industry in FY26 due to persisting weak demand across various sales channels. The third quarter of FY25 saw a decline in housing sales, which could further impact consumer durables demand. Segments like air conditioners and wires and cables have shown strong growth, but small appliances, lighting, refrigerators, and washing machines have struggled.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖