current-affairs-trends

Why FMCG, two-wheeler & tractor sectors are hoping for a normal monsoon

As the pandemic eats into India Inc’s top & bottom line growth, the Met department’s prediction of a normal rainfall has provided the much-needed proverbial light at the end of the tunnel. A normal rainfall would mean a good harvest translating into a higher rural income which, in turn, would spike up the demand for consumer goods, two-wheelers and tractors and a host of other industries.

first published: Jun 15, 2021 10:20 am