The rural market, which accounts for 36 per cent of India's FMCG market by sales, contributed 60 per cent to the slowdown
What's going on? The Indian economy is facing a perfect storm, beset by a combination of cyclical and structural factors that makes recovery doubly difficult
Branded packaged food market expanded 17.6% in calendar year 2018 to cross the Rs 5-trillion-mark for the first time
While previous concerns such as domestic as well as global economic slowdown continue to remain, valuations have become attractive due to the improvement in the underlying fair value.
India's economy has been hobbled by a demand slump, prompting policymakers to step up fiscal and monetary stimulus to revive growth
Economic growth showed little signs of a recovery from a six-year-low
Lack of demand ails the economy. But that's not addressed, nor are declining exports; the bad old habit of 'loan melas' is back; and tax has been cut in a way that hurts states, writes T N Ninan
Job losses and inflation are the basic causes of a fall in demand
The government must announce a calendar for implementation of Friday's measures
However, the demand for real estate and housing remains low key, the paper prepared by Assocham revealed