India

India’s fine jewellery sales are dominated by gold as the metal of choice. With negative macroeconomic sentiments triggered by the COVID-19 pandemic, the price of gold shot up dramatically from 2019. Fine jewellery designs are traditionally heavy in ...

The second wave of the COVID-19 pandemic in March and April 2021 proved far more severe than the first wave of 2020. This resulted in several states such as Maharashtra, Karnataka and Uttar Pradesh imposing new lockdowns. The massive scale at which ...

During the last quarter of 2020 and the beginning of 2021, personal accessories experienced solid recovery in current value sales. This was largely driven by the stabilising situation of the COVID-19 pandemic and the festive as well as wedding ...

The COVID-19 pandemic saw students and office workers stranded in their homes. There was a decline in demand for writing instruments as a result, as work that was earlier being conducted using writing instruments shifted to digital devices. To tackle...

Most watch retailers experienced positive sales growth between October 2020 and March 2021 and some even saw growth in their quarterly revenues when compared to 2019 during this period. This was largely triggered by the backlog of weddings created by...

Coloured lenses experienced good growth during the pre-COVID-19 period, as consumers preferred wearing them during weddings, parties, travel, etc. They were gaining popularity as a fashion accessory amongst the fashion conscious. However, post the ...

As people remain at home in seclusion and advice about maintaining good immunity levels is consistently spread by fmcg companies, doctors, and pharmaceutical companies, people have become more aware about the benefits of keeping healthy. The result ...

People have been home isolated for close to two years now, where restricted mobility has become the new normal to stop the spread of the virus. With this, people are spending increasing time at home, mostly in front of digital devices such as ...

The eyewear industry is experiencing a slight recovery during 2021, largely due to a good first quarter as the COVID-19 situation improved, resulting in consumers returning to physical stores. However, the second quarter has seen several states ...

During the initial COVID-19 lockdown in India (25 March-3 May 2020), the Indian government deemed alcoholic drinks to be non-essential and as such the sale and production of these products was prohibited during this period. The closure of on-trade ...

Cider/perry held only a negligible presence in India in 2020. Given the country’s hot climate and the interest in sparkling drinks it would suggest there is a potential market for these products, although currently cider/perry is only being produced ...

Alcoholic drinks was one of the hardest industries by COVID-19 in 2020 with sales plummeting. This was in large part due to government’s decision to impose a nationwide ban on the production and sale of alcohol during the 41-day lockdown (25 March-3 ...

During the initial COVID-19 lockdown in India, alcoholic drinks including wine were deemed as non-essential. Therefore, the government banned the manufacture and sale of those products during the lockdown through both the on- and off-trade. While ...

During the initial lockdown in India which came into effect on 25 March, alcoholic drinks including spirits were deemed as non-essential. Therefore, the government banned the manufacturing and sale of those products during the lockdown through both ...

In response to the outbreak of COVID-19 in India, on 25 March 2020 the government introduced a nationwide lockdown to curb the spread of the virus. As part of these measures the government banned the production and sale of alcohol, with it being seen...

India has been investing in public transport infrastructure which includes expansion of the metro systems in the country’s major cities. Yet ride hailing has taken off and has been changing the dynamics of mobility due to improved convenience. Car ...

The global economic outlook continues to improve in Q2 2021, though a two-speed recovery is taking shape as developed economies are set to bounce back quicker while the slow vaccine rollout in developing countries is delaying their recovery. The main...

The global economic outlook has improved since Q1 2021. Global real GDP growth in 2021 is now expected to be the fastest in more than 40 years, at 5.8% (a 0.5 percentage points upgrade relative to the Q1 forecast), followed by 4.5% growth in 2022 (a ...

Despite the shared mobility industry’s 30% drop in gross bookings in 2020 due to the COVID-19 pandemic, it is expected to rebound, doubling its market size over 2020-2025 in real terms. Some of the key future trends in the industry include the ...

India was badly impacted by COVID-19 in 2020. The government therefore took stringent measures to control its spread by implementing national and regional lockdowns and educating citizens about the virus and regulations around social distancing and ...