RBI study: The pandemic has seen big firms gaining market share
It’s part of a long-term trend in which the biggest firms have been steadily increasing their share of the pie
July 20, 2021 / 08:40 AM IST
We’ve heard a lot about the K-shaped recovery in the corporate sector, with the big fish getting bigger at the expense of the minnows. The Reserve Bank of India’s numbers for the performance of the listed private corporate sector in the Jan-Mar 2021 quarter have now been published and they bear out that thesis. The data show that the largest companies have gained market share from their smaller counterparts.
The sales share of the biggest non-financial companies (those with annualised...