BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
KRChoksey Research Report
The Rs 4.3 trillion fast moving consumer goods market in India is expecting a revival in demand in the coming fiscal in line with the trends visible across Asia.
A year ago, India witnessed a nationwide lockdown which had adversely affected the consumer and FMCG sector resulting a 19% YoY de-growth.
Since then, the industry has witnessed a gradual pick-up in demand; the industry grew by 0.9% YoY in Q2 FY21 and 7.1% YoY in Q3 FY21, moreover the Q4 FY21 also looks promising with a likely mid-single to double digit growth.
However, the recent rise in Covid-19 cases remains a concern as some state governments are compelled to impose lockdown, this will impact the retail traders of the industry.
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