Retail in Asia

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Inflation, poor monsoon hit consumption in E India

Consumers in the eastern India say they cannot buy branded FMCG items in mobile phones, customers opt for low-end handsets while retaining brand loyalty.

Last year, Ashok Das, a farmer-cum-fisherman from the small industrial town of Rishra in the Hooghly district of West Bengal, had promised his younger son a branded television. But last year’s bad crop output and this season’s deficient monsoon made him change his plans and finally settle on a Chinese-made television set, priced below INR4,000 (USD72).