Indians 'optimistic but cautious' about plans for 2021

New Delhi, Nov 11 Indian consumers are mapping out their holiday season and shopping plans, but prioritising their wellbeing comes first as most choose to spend more time at home, reveals Amex Trendex, a trend report from American Express.

With many seeking out normalcy in a not-so-normal year, most are deferring to turn international travel dreams into a reality in 2021, finds the survey. According to which 44 per cent of respondents agree that they have thought of giving/getting gifts and celebrating to reconnect with family and friends. 49 per cent chose domestic holidays in 2021 and 49 per cent prefer receiving an experience over a product as a gift.

It added that 25 per cent respondents in India plan on spending more on holiday season gifts this year, as compared to last year. 65 percent are more likely to shop online than in-store this year as they want to continue supporting small businesses. Close to 50 percent of Indian adults say that they are much more likely to shop at small businesses this holiday season, compared to previous years.

What's on people's gift gift and wish list? People are very interested in receiving experiences. When it comes to giving, 46 per cent said they are more likely to give touchless gifts like a subscription or e-gift card this year.

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( With inputs from IANS )

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