India is poised to become the third-largest consumer market behind only the US and China; and consumer spending in India is expected to grow from $ 1.5 trillion at present to nearly $ 6 trillion by 2030.
Aimed at promoting palm oil trade and sustainable production in India and Indonesia, key oil trade bodies from the two countries have agreed to create a Joint Working committee to look into the trade matters and implement sustainable practices.
Over the past two years, central India has emerged as a key geography driving incremental growth for FMCG companies. Against this backdrop, we did some channel checks to understand more about the companies, products and SKUs doing well (and not so well) in this region.
We expect healthy underlying growth for stocks in our coverage universe in 2QFY19, despite the absence of a favourable base, mainly on account of steady consumer sentiment, moderate inflation, new launches and improved rural trends.
Four quarters of rural growth recovery, momentum continues: As highlighted in our sector update dated 8th June 2018 and strategy report dated 5th July 2018, rural growth has been on an uptrend (after almost five subdued years) and outpacing urban growth for the past four quarters now.
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this site are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither IndiaNotes nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.