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rural economy, monsoons to boost fmcg firms in 2018: edelweiss report

rural economy, monsoons to boost fmcg firms in 2018: edelweiss report Article News With Simple Text and Web Resource Link. For View Full Content Click on Source Link on Then Bottom Of News.



rural economy, monsoons to boost fmcg firms in 2018: edelweiss report

in the next 12 months, consumer goods companies would see a revival, both in volume and margin terms, with an anticipated revival in the rural sector, said a report.with a few state elections and expected populist budget, the rural sector is anticipated to be prime beneficiary. this, coupled with improving macros and good monsoon after two consecutive droughts, also augur well, said the report on the consumer good sector brought by edelweiss."after four quarters of muted growth, the consumer goods sector is likely to clock high single to low double digit volume growth in the october-december quarter of the current fiscal, the report said.volumes of consumer goods companies, which rebounded marginally from gst-related destocking in the...