Govt plans India's first nationwide retail consumption survey via MoSPI
MoSPI is preparing India's first countrywide retail consumption survey, tracking point-of-sale value and volume across all retail categories. June benchmarks include Rs 79,705 crore in grocery/supermarket sales and Rs 12,428.8 crore in pharmacy sales. No timeline set yet, but the data could give retailers granular consumer-spending visibility.
What happened
Government plans India's first nationwide retail consumption survey via MoSPI, tracking point-of-sale value and volume across all retail categories, offering
Key facts
- Rs 79,705 crore grocery/supermarket June
- Rs 12,428.8 crore pharmacies
- Rs 11,792.9 crore clothing stores
- Rs 7,059.8 crore family clothing
Why this matters
Granular nationwide consumption data would let you pinpoint underserved categories and geographies for M&A and expansion, but plan around an unset rollout timeline.
What to watch
- MoSPI publishes methodology paper or pilot timeline
- Data-sharing/privacy framework or DPDP alignment announcement
- Whether unorganized retail is included and how
- Linkage of survey to CPI reweighting or GST reconciliation
- Frequency of publication (one-off vs recurring index)
- Organized retailers lobby MoSPI on data confidentiality and reporting scope
- CPG/FMCG firms and analytics vendors position to consume granular category data
- Retail bodies (RAI) seek clarity on unorganized-sector inclusion and burden
- Payment/POS providers (fintechs, aggregators) pitch as data conduits