Adani Wilmar predicts a 10% sales boost next year, fueled by urban demand and faster delivery.

Adani Wilmar, an Indian FMCG company, forecasts a 10% increase in sales volumes next fiscal year, driven by urban consumer demand and quick grocery delivery services. The company's CEO, Angshu Mallick, expects the food business to grow over 20%, with edible oil sales contributing at least 6% growth. Reductions in personal income tax in India are anticipated to boost consumer spending, supporting these projections.

2 months ago
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