Organised F&G retail’s FY21 revenue expected to decline by 5-10%: Ind-Ra

The revenue of India’s organised food and grocery (F&G) retail is expected to decline by 5-10 per cent in FY21, India Ratings and Research said on Monday. The ratings agency attributed the decline on Covid-19-led business disruptions and general economic slowdown. In a report issued on Monday, Ind-Ra expects the demand recovery to continue in […]

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