India retail sales rise 10 percent in March as shopping shifts to essentials

Durables lag while food apparel and jewellery surge

India’s retail sales grew 10% year-on-year in March, closing out FY2026 on a steady note. Food, apparel, QSR and jewellery led the gains, while consumer durables weakened as shoppers delayed big-ticket purchases. Retailer margins are under pressure from higher energy, logistics and rent costs, even as buyers shop with more purpose.