Thursday 11 June 2020

Has COVID-19 Changed Consumer Behaviour? | India Development Debate by ET NOW

Has COVID-19 Changed Consumer Behaviour? | India Development Debate

Video description:
On India Development Debate, Tracking the demand outlook as car sales plunge 87% in May. Biscuit sales jump while budgets fall. A surge in demand for electronics has been noticed. What has been the change in consumer demand trends as the economy revives? According to the RBI Consumer Confidence Survey, consumer confidence is touching a historic low in May 2020. Expectation on economic situation & employment for the year ahead is pessimistic. Consumers reported sharp cuts in discretionary spending. Federation of Automobile Dealers Associations (FADA) report says that they had 60% auto showrooms open by end of May. First 10 days of June saw very low demand. Vehicle registration in May slumps by 88.9%. May vehicle registration at 2.2 lk vs 1.8 Mn (YoY). Tune in for the full debate with Nikhil Prasad Ojha, Partner, Bain & Company, Vinkesh Gulati, Vice President, FADA, Mayank Shah, Category Head, Parle Products and Tamanna Inamdar. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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