Our survey results present that merchandise lighter than 10 grams have made the most important contribution to H1 revenue for retailers . Since lighter merchandise naturally have a decrease per-unit ticket price, we will draw the conclusion that they have a notably larger turnover ratio than heavier ones. The Indian retail jewellery industry is expected to witness a 10-12% growth in home jewellery consumption for FY2024, revised up from an earlier estimate of 8-10%, pushed by the rise in gold prices. However, ICRA tasks a reasonable development fee of 6-8% in H2 FY2024 as a result of tepid rural demand amid persistent inflation. If you are planning to get engaged in the course of the vacation season, there might be, as they say, no time like the current to ensure you score the ring with which to pop the query.
But nowadays more and more young shoppers demand greater pricing …