After several sluggish quarters, the outlook for India’s consumer staples sector appears to be slowly turning a corner. Global brokerage firm Citi expects a sequential improvement in growth momentum in the third quarter, helped by lower prices across categories following GST rate cuts, higher grammage in low-unit packs, and a partial recovery after the inventory destocking seen in September–October.
WRITTEN BY
Add us to your Preferences
Set as your preferred source on Google
ADVERTISEMENT