Hero MotoCorp, Samsonite, Philips clock festive sales surge as EMIs spur big-ticket buying
Major Indian retailers and brands like Hero MotoCorp and Philips reported a significant surge in festive sales. The growth is largely attributed to the widespread use of no-cost EMIs and online discounts.
Why it matters
This trend indicates strong consumer confidence and the growing influence of digital financing options in the Indian retail economy.
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