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HDFC Securities: Growth Divergence Remains High For FMCG Sector

India FMCG sector’s three-year CAGR rose 2% year-on-year in Q1 FY21, supported by healthy growth in the past two years.

A supermarket in Delhi. (Photographer: Dhiraj Singh/Bloomberg)
A supermarket in Delhi. (Photographer: Dhiraj Singh/Bloomberg)
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