FMCG companies in India project volume growth due to rural market recovery and favorable monsoon.

FMCG companies in India, including HUL, ITC, Dabur, Britannia, Nestle, and Emami, expect sustained volume growth in the coming quarters due to rural market demand recovery and a favorable monsoon season. They report 'green shoots' from rural markets and strong growth from e-commerce channels, particularly quick-commerce platforms. Despite concerns over rising food inflation, the industry had a 6.6% volume growth in the April-June period of the current fiscal year.

August 18, 2024
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