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According to CBRE, retail brands across segments, including fashion & apparel, food & beverage, hypermarkets, homeware & department stores and consumer electronics brands, are expanding by tailoring the offerings to the pilgrims needs.
Retail chains are capitalizing on the surge in spiritual tourism; from budget stays to luxe retreats, hotels are catering to the diverse needs of pilgrims
Retail brands are expanding their presence in key Indian cities like Ayodhya, Varanasi, Amritsar, Puri, Tirupati, and Ajmer, as they capitalize on the surge in spiritual tourism. The report identifies Amritsar, Ajmer, Varanasi, Katra, Somnath, Shirdi, Ayodhya, Puri, Tirupati, Mathura, Dwarka, Bodh Gaya, Guruvayur, and Madurai as key cities witnessing this retail boom.