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Retail sales likely to rise in FY26
Financial Express Lucknow
|February 28, 2025
Budget Boost To Retailers
RETAIL SALES HAS been growing between 2% and 7% over the last ten months of FY25 for most organised retailers, data from business surveys conducted by the Retailers Association of India (RAI), an apex body of retailers, shows. Yet, there is hope that the domestic retail market, valued at $82 billion, according to the Boston Consulting Group (BCG), could see an uptick in FY26, led by income tax cuts announced in the Budget this year.
While 70% of the ₹1-lakh-crore fiscal stimulus is expected to go into savings and investments, according to experts, the balance 30% will go into consumer spending, especially into discretionary categories.
This story is from the February 28, 2025 edition of Financial Express Lucknow.
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