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Retailers Association of India (RAI) has said India's retail industry saw a 19 per cent rise in sales over pre-pandemic levels during the April-November 2022 period riding on the back of strong performance of segments such as quick service restaurant and footwear.

It highlighted that region wise, the eastern part clocked the highest growth at 21 per cent as compared to the same period in 2019. North India followed with a 19 per cent growth while both western and southern parts witnessed an 18 per cent rise each.

Further it stated the industries that did particularly well during this period were the QSR (quick service restaurant) and the footwear industries, with a 30 per cent growth compared to 2019. However, it added the beauty, wellness and personal care industry only saw a 7 per cent growth as against the same period in 2019.

On the outlook for 2023, RAI Chairman Bijou Kurien said retail in India is expected to grow better than all other key markets across the world. Omnichannel retail has become the norm for retailers. He also said concepts like ONDC (Open Network for Digital Commerce) will enable millions of small retailers to participate in digital commerce.