Good pay hikes, positive macroeconomic factors and the taming of inflation have had a positive effect on purchases
Consumer durables and electronics companies are putting the final touches to their festive period plans.
India was the flavour of the year, at least in the FMCG sector, as multinationals hiked stakes in their subsidiaries lured by long term potential of the country, while homegrown executives made their way to top hierarchy of global firms in 2013.