Indian FMCG sector forecasts 7-9% revenue growth in FY25, driven by rural and urban demand, per CRISIL Ratings report.
The Indian FMCG sector is projected to see a 7-9% revenue growth in FY25, driven by revived rural demand and steady urban demand, according to a CRISIL Ratings report. This follows an estimated 5-7% growth in FY24. Volume growth from rural consumers is expected to be 6-7% in FY25, supported by improved monsoon benefiting agricultural production and a hike in minimum support price, while urban volume growth remains steady at 7-8%.
July 04, 2024
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