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Citing the FADA data, the latest survey revealed that close to 40 percent of Passenger Vehicle retails were in the countryside at 14,73,403 units
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Tarun Garg pointed to the significant contribution from rural markets for Hyundai's SUVs like Exter, Venue, and Creta, noting a gradual shift in rural customers' preferences towards modern and larger SUVs.
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Rural recovery needs to be watched in the near term
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The government has a strong revenue profile that can be utilised to jack up private consumption
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Rural market recovery, volume growth in cigarettes to be watched
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Apart from a continued thrust on capex and infrastructure, analysts believe the interim budget may also include measures to boost welfare spending and the rural sector.
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Advertisement spends, and higher distribution efforts across different channels will also help
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Investors need to watch out for the recovery in rural markets given that Emami has higher salience there
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Recovery in rural markets will help growth in core portfolio of Parachute and value-added hair oil categories
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VBL likely to outperform the FMCG industry both in terms of revenues and earnings growth.
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Recovery in rural markets will help growth in the core portfolio of Parachute and value-added hair oil categories
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Sustainable volume growth in cigarettes and improved profitability in FMCG business key to its rerating
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The demand slump in rural markets has bottomed out and the company is now seeing some green shoots of revival in demand in the hinterland.
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Also, consumers continued to prefer purchasing smaller packets amid companies hiking prices in response to broader inflationary pressures, according to the report released by data analytics firm NielsenIQ on Thursday.
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Revival in rural India one of the most critical things to watch out for in the case of Dabur as the dependency is quite high
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In its update for the first quarter of the current fiscal, the leading FMCG player also said that rural markets witnessed slower growth compared to urban markets during the period. In its update for the first quarter of the current fiscal, the leading FMCG player also said that rural markets witnessed slower growth compared to urban markets during the period.
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"The recovery has been better than we expected and we ended Q3 with about 2 percent secondary sales growth. The business has picked up at a faster pace than we had anticipated and we are quite hopeful that things will return to normal in the next couple of months," Gambhir said.
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The study undertaken by Assocham and EY India noted that the government's push for infrastructure development, locomotive and energy, poses a significant opportunity for rapid expansion of the domestic electronics industry.
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Deosthalee says L&T Finance is currently focusing on lending only to renewable energy and operational projects within the infrastructure space, adding there is likely to be some improvements in the road sector over the next few months.
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In an interview with CNBC-TV18, Shekhar Bajaj, CMD - Bajaj Electrical said the 'Rurban' mission of the government will be catalyst for rural markets growth.
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Sangeeta Talwar says rural markets continue to remain big opportunity. She is optimistic on India and believes the India consumption story continues to remain intact.
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Bajaj Electricals would increasingly focus on penetrating rural markets in the coming years as it plans to grow volumes for its electrical appliances and utility products, a senior official said on Thursday.
