India’s leading business services firm CMS Info Systems has released its CMS Consumption Report 2025, offering deep insights into cash-led domestic spending patterns across sectors and states. One of the key takeaways from the report is Bihar’s entry into the top three cash-led consumption hotspots for the first time, alongside long-standing leaders New Delhi and Uttar Pradesh.
The report, based on CMS’s proprietary Cash Index™ drawn from data across 1.46 lakh business points, shows a 72% jump in average monthly spending on consumer durables in FY25. This rise is attributed to increasing homeownership and furnishing demand. FMCG consumption also saw a modest 4% increase, recovering from earlier declines.
Multi-brand outlets experienced a 12% rise in FY25 spending, reversing a 29% fall in FY24, largely driven by consumer preference for premium product purchases at physical locations. Quick commerce also posted a 10% YoY growth due to hyper-localised services.
ATM withdrawals registered a 3% YoY growth in average ticket size, reaching ₹5,658 per transaction. October 2024 and early 2025 (January to March) marked the highest monthly upticks, indicating growing cash dependency in key regions.
The report underscores that India’s consumption boom continues to be fuelled by rising disposable income, premiumisation, and cash-intensive spending behavior.
