India Inc's big boys get bigger still as unorganised market shrinks

Q3 results point to the trend; consolidation will continue, say analysts

The Covid-19 pandemic appears to have given large companies a fillip, many of whom have seen sharp volume, market share and margin improvement, as they fight to stay ahead of the curve. December quarter (Q3) results of firms in the consumer, retail, paints, wires, home improvement and electricals categories shows that the big are getting bigger, with consolidation likely to continue, according to sector experts.

"The shift from the unorganised to organised market has been sharp over the last few months. Small players have struggled to carry on their operations through the lockdown and beyond, while large players have the