Rural demand boosts top-line growth for FMCGs in Q1FY25
The growth was primarily driven by a recovery in volumes, with rural markets showing improvement and outpacing urban growth, says a report
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Monsoon-driven rural demand surge set to ignite private investment: RBI
The RBI says rural savings are on the rise, as evidenced by an increase in both savings accounts and balances; rising rural incomes also fuelling growth in FMCGs
FMCG sector poised for 9% growth in FY25 on rural demand boost: CRISIL
Volume growth of 6-7% in FY25 from rural consumers is expected; it could be supported by better monsoon benefitting agri production, and hike in MSP farm incomes
Inconsistent Rains Hold Back Rural Demand
Rural India reports uneven recovery as monsoon hits consumption in western and southern states.
Heatwave could keep inflation at elevated levels: India Ratings
India Ratings and Research says this can have an impact on rural demand, which has been under stress in the aftermath of Covid-19.
Rural demand to remain muted this fiscal, expect green shoots in FY24
Rural India contributes around 36% (due to lower per-capita consumption) of consumer goods companies' revenue, but it accounts for two-thirds of India's population.
Inflation poses significant challenges for FMCG firms: ITC
Private consumption remains subdued and below its pre-pandemic growth path while rural demand witnessed a marked slowdown, says ITC.
RBI announces steps to fight second wave of Covid-19
The central bank unveils liquidity facility of ₹50,000 crore for access to emergency health services, and ₹10,000 crore for small finance banks’ on-lending, among a slew of measures to fight Covid-19.
Cautiously optimistic credit outlook for FY22: CRISIL
Aided by strong demand recovery, credit ratio rebounds to 1.33 in H2FY21, from 0.54 in H1FY21. GDP could grow at 11% in FY22, but the resurgence in Covid-19 cases is a key downside risk, says CRISIL.
Weak retail growth worry hits Bajaj Finance
Slowing consumer expenditure and falling demand from small business is beginning to show on Bajaj Finance, considered one of the strongest non-banking finance companies in the business.
