According to the report, households accounting for 44-45 per cent of the GVA have witnessed a decline in nominal wage growth to 5.7 per cent during FY17-FY21 from a high of 8.2 per cent during FY12-16, implying that wage growth in real terms is close to just about 1 per cent.
DMart’s future lies in network expansion and FMCG focus, says Jignanshu Gor
Bernstein India’s Jignanshu Gor believes DMart’s growth is returning, driven by improved consumption demand and network expansion. Despite facing competition from quick commerce, DMart maintains
May 5, 2025