Organized Brick-and-Mortar Indian Apparel Retailers sailing steady


21 September 2023, Mumbai


Organized brick-and-mortar apparel retailers in India are projected to achieve a 7-8% increase in revenue in FY23, driven by heightened demand during the festival and wedding seasons and expansion of retail stores in Tier II and III cities.

This growth is comparable to pre-pandemic levels, despite the impact of inflation on discretionary spending.

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