National Consumer Day

On National Consumer Day, Dr. Sharyu Mhatre and Grace George unveiled a comprehensive study report, shedding light on evolving consumer behavior trends. The research, conducted over two years, highlights a significant rise in consumer awareness and demand for sustainable products. This shift is attributed to increased access to information and growing environmental concerns among the public. The study emphasizes the role of digital platforms in shaping consumer choices, noting that more individuals are leveraging online resources to make informed purchasing decisions. Dr. Mhatre stressed the importance of this trend, suggesting that businesses must adapt to meet the changing expectations of a more conscious consumer base. The report also indicates that consumers are more likely to support brands that demonstrate transparency and ethical practices. Grace George, co-author of the study, pointed out the implications for policymakers and industry leaders. She advocated for stronger regulations to ensure product authenticity and environmental accountability. As National Consumer Day prompts reflection on consumer rights and responsibilities, this study serves as a vital reminder of the power of informed choices in driving market transformations.

— Authored by Next24 Live