India's festive demand reaches five-year high

India's festive demand has reached a five-year high, with automobiles, appliances, apparel and online retail recording strong growth during Onam, Rakshabandhan and Ganesh Chaturthi. Car retail sales rose around 20%, appliance volumes increased 12-15%, and quick-commerce sales surged, raising expectations of a strong Navratri-Diwali shopping season.