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10Oct 2024

Festive Season Boosts India’s Consumption Recovery Prospects

Why in the news? India’s private consumption shows signs of recovery, with increased spending expected during the festive season. However, long-term trends in key indicators remain below five-year averages. Overview of Consumption Patterns: Recent Trends: Private final consumption expenditure (PFCE) showed a significant turnaround in April-June 2024, growing by 12.4% in nominal terms, positively impacting …

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05Oct 2024

Status of FMCG Industry in India

Syllabus: GS 3: Indian Economy Why in the News? Despite heavy rains that caused supply disruptions and disruption in some sectors like paint and beverages, strong rural demand could keep utilities businesses running smoothly at the second half of the financial year. Introduction Consumer goods companies experienced steady growth in the September quarter, driven by …

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