business / news / / The Economic Times
Global consumer firms are seeing strong demand in India.
Mondelez, Coca-Cola, Pernod Ricard, Reckitt, and Carlsberg saw double-digit growth in March quarter India sales.
KEY POINTS
- Recent GST reductions on consumer products have now started boosting demand, reversing prior disruptions.
- Mondelez's Biscoff biscuit range quickly sold out after its recent India launch, indicating strong market receptivity.
- Coca-Cola executives say India is far from market maturity, implying substantial untapped growth remains.
- Reckitt Benckiser reported broad-based double-digit growth in India, led by Dettol and Durex products.
COMPANIES
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