A customer inspects a refrigerator on display as a sales assistant looks on at a Croma store in Mumbai, India. (Photographer: Vivek Prakash/Bloomberg)
Consumers should expect lower discounts on appliances and electronics at offline stores this festive season, as inventory constraints persist and cautious buyers shop online during the pandemic.Components for consumer durables are imported and local lockdowns have created supply issues despite India allowing nearly all types of economic activities. According to Harshit Kapadia, research analyst at Elara Capital, dealers have reduced ...