India Becomes Key Growth Market for Consumer Goods Giants as China Slows
- India is emerging as the next big growth market for consumer goods giants like PepsiCo and Unilever, filling the gap left by China's uneven recovery. - Companies are targeting India's diverse population and untapped rural market with new flavors and size variants, driven by the country's fast-paced economic growth. - Major consumer goods firms expect higher government spending, a better monsoon season, and a resurgence in private consumption to boost consumer spending in the coming quarters. - The combined market share of top multinational companies in India is projected to rise, while their market share in China is expected to decline. - Consumer goods companies are heavily investing in India with new product launches and packaging upgrades, contrasting with muted growth in China. Source: [Reuters](https://www.reuters.com/markets/asia/pepsico-pg-india-becomes-next-big-growth-bet-china-lags-2024-08-09/)
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TCS
4132% return in 20y - Blue Chip firm
When I look back and compare my father's investment in real estate and gold, TCS still beats those with a margin. Blue Chip Stocks are 💎 if business model is good and leadership is capable enough.
Tata Groups most valued stock, Tata Consultancy Services (TCS) is popping off, riding on the back of bulls and soaring to a new all-time hig...
https://www.goodreturns.in/personal-finance/tatas-most-valued-stock-at-all-time-high-1500-shares-of-tcs-gives-rs-5-27-crore-returns-in-20-years-1328811.html