Consumer durable growth to pick up in Q4FY20, says official

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Consumer durable growth to pick up in Q4FY20, says official

Feb 20, 2020 10:43 IST

Growth of consumer durables segment is expected to pick up in the last quarter taking the sector's expansion in 2019-20 to 15%, an industry official said on Wednesday. The expert also said that the economic slowdown has not affected the sector, which grew by 10% in the first three quarters of 2019-20, as people continue to spend on consumer products like ACs, refrigerators, washing machines and other appliances.

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