... “This is likely an expression of pent-up demand during the lockdown. While basics were made available, albeit, with scarcity, a lot of necessity and aspiration based shopping was suppressed. These segments were expected to be overweight just post-recovery, and their share of the overall basket will likely stabilize over time,” Utkarsh Sinha, Managing Director at advisory firm Bexley advisors told Financial Express Online.
Bexley Advisors