rural demand

Recovery in rural markets, improving employment conditions bodes well for near-term consumption: ITC | Mint

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Mumbai: The Indian economy is expected to sustain its “high growth” trajectory in the current fiscal, driven by strong momentum in infrastructure investments and a pickup in private consumption, ITC Ltd said. Growth will come on the back of a moderation in inflation, improvement in agricultural trade, a good rabi harvest and a normal monsoon, … Read more

HUL sees modest volume growth in FY25, signalling some respite for FMCG sector

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India’s largest fast-moving consumer goods company on Friday said it expects volume growth of mid-to-high single digit in financial year 2024-25. HUL reported underlying volume growth of 2% for FY24, with sales growing 3%. HUL’s performance is viewed as a proxy for the broader Indian consumer goods sector.  The industry has been reeling with tepid … Read more