Over 60% urban Indians’ finances hit: Nielsen

NEW DELHI: In what could set alarm bells ringing for fast moving consumer goods (FMCG) companies, more than 60% consumers in urban India have seen their financial condition deteriorate even with the positive news of vaccine development, showed a recent study. While the number of these consumers who are changing their spending habits is growing, it is higher than the global average of 46%. In addition, the study conducted across 16 countries by NielsenIQ revealed that more than...
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