Amid economic challenges, Indians continue to buy premium products, boosting firms like Hindustan Unilever and Diageo.
Despite economic challenges and inflation, demand for premium products in India remains strong. Companies like Hindustan Unilever, Diageo India, and Reliance Retail report that consumers are still buying higher-priced items in categories like groceries, spirits, clothing, and shoes. This trend is driven by consumers' evolving needs, festivals, and weddings, and is expected to continue.
3 months ago
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