 "lock")
Companies manufacturing automotive, durables, and fast-moving consumer goods (FMCG) remain largely cautious about their sales growth outlook for FY22.
The reason for this tempering of their forecasts revolves around concern about a third Covid-19 wave, weak consumer sentiment, and commodity inflation, which has pushed many firms to increase product prices.
There are outliers, however, such as Bajaj Auto, Mahindra and Mahindra (M&M), and Dabur, which remain bullish about a rebound once the lockdowns are lifted.
But the broad consensus among most other firms is that growth would be modest in FY22, given the economic challenges in the
The reason for this tempering of their forecasts revolves around concern about a third Covid-19 wave, weak consumer sentiment, and commodity inflation, which has pushed many firms to increase product prices.
There are outliers, however, such as Bajaj Auto, Mahindra and Mahindra (M&M), and Dabur, which remain bullish about a rebound once the lockdowns are lifted.
But the broad consensus among most other firms is that growth would be modest in FY22, given the economic challenges in the
