Bizom India Kirana Report (Sep 2020)

Given the challenges consumer businesses have had in the last 6 months, there are very few things that could thrill us right now.

Royal Challengers Bengaluru winning the IPL, maybe!

The vaccine, sure!

Kiranas bouncing back, most definitely!

And that’s exactly what we’re talking about in this edition.

Forget the gloom & doom announced by our last GDP numbers, the Sept-2020 report has first solid indicators of businesses bouncing back and the horizon’s looking great now that we’re entering the festive mood in the country, virus notwithstanding.

In the last 3 months, we saw the confectionery category showing good bounce leading us to announce that the CHOCOLATE INDEX is what drives India in times of recession.

However, in Sept-2020, there are 2 more categories that have shown higher that pre-lockdown levels. That makes a total of 3 of 7 categories that are now growing like they should. Though, what makes us even more optimistic is the fact that the categories trending lower have bounced back tremendously in Sept-2020 and its just a matter of time till they will get on the growth track.

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