 "FMCG rural")
CHALLENGES
> Urban consumption growth in Q12024 fell behind rural areas for the first time in 5 quarters
> Evidence of a K-shaped recovery is also seen in vehicle sales. More expensive passenger vehicle sales are higher than before the pandemic, while two-wheeler sales continue to lag
TAKEAWAYS
> Focus on spending in rural areas and other long-term steps, is expected to help increase income in the hands of consumers in the long-term
Also Read
 "Indian markets")
 "FMCG")
 "FMCG")
 "consumer sentiments")
 "gabel, order, court")
> Lower taxes and levies on mobile phones and associated products such as chargers to help bring down prices
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 "defence")
 "Kairana: Muslim voters show their ink-marked fingers after casting their votes during the first phase of Lok Sabha elections, in Kairana, Uttar Pradesh, Friday, April 19, 2024. (PTI Photo/Arun Sharma)")
 "Ship, shipbuilding, shipbuilders")
 "fertiliser, farmer")
