El Nino impact in sight even as top FMCG firms bet on rising India consumption
· economictimes.indiatimes.com
India's top retail firms anticipate robust April-June revenue growth, fueled by steady consumer demand and improving rural sentiment. Companies like Marico, GCPL, and Dabur foresee strong top-line expansion, with rural markets outperforming urban areas. While easing input costs are a positive, businesses are closely monitoring El Nino's potential impact on monsoons and agricultural output.
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Growth broad-based across categories and markets
El Nino emerges as a key watchpoint
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