Auto, groceries skid under NDA, white goods shine

MUMBAI|KOLKATA: The average growth rate for daily groceries as well as discretionary items such as cars and two-wheelers were lower under the National Democratic Alliance (NDA) government compared with the second term of the Congress-led United Progressive Alliance regime while large electronic goods including televisions, washing machines and refrigerators, on the contrary, logged faster growth.

Large electronic products posted higher growth since 2014, revealed data from UK-based researcher Euromonitor International.

According to annual growth data for the past 10 years by WPP-owned research agency Kantar Worldpanel and Society of Indian Automobile Manufacturers (SIAM), while the actual consumer demand or volume growth for