Page 2 - Consumer Demand

Inflation heat: Consumer goods firms' share in India Inc profit drops

Their net profits down 26 per cent in H1FY22 over H2FY21 owing to higher input costs

India's festival season could bring pick up in demand, says ICRA

India's upcoming festive season raises hopes for consumer demand picking up, rating agency ICRA said in a note on Monday

Middle-class rural India holds a promise

Unless a disruption erupts again, rural India seemed poised to help a recovery in consumer demand

Consumer demand may rebound strongly in Q2: Trent chairman Noel N Tata

Trent will continue to focus on building out differentiated brands and accelerating its reach through stores and digital platforms, said Noel Tata

Consumer demand may rebound in Q2 this fiscal: Trent Chairman Noel N Tata

Customer demand should rebound strongly, possibly from the second quarter onwards, said Trent Chairman Noel N Tata, though he remained "cautiously optimistic" on the medium-term outlook. With growth drivers such as favourable demographics, increasing per capita and disposable income, and growing consumption, India is expected to return to a strong growth trajectory, despite uncertainty over near-term outlook, he added. Trent will continue to focus on building out differentiated brands and accelerating its reach through stores and digital platforms, said Tata in the latest annual report of Trent Ltd - the Tata Group's retail arm. "While we cannot predict how quickly we will see the back of this crisis, there is a reason to believe that we will see a transition out of this pandemic phase. And when it does abate, customer demand should rebound strongly, possibly starting in the second quarter," he said. Tata further said he is "confident" that the business has the "expertise and ...

RBI says economic cost of second Covid-19 wave may be limited to Q1

Government must now step up expenditure to boost demand for private investment and consumption, said RBI

Best of BS Opinion: Storm over social media, Covid-19 vaccination & more

Here are the best of Business Standard's opinion pieces for Thursday

The coming long spell of demand drought

Looks like India's demand curve has shifted downwards for a couple of years at least, writes Shailesh Dobhal

Consumer durables industry may contract 12-15% in FY21: Godrej Appliances

This was mainly due to the loss witnessed in June quarter and the worst hit was the air conditioner segment

Four in five urban Indians changed shopping habits during pandemic: Report

It's fresh fruits and veggies over junk, surge in alcohol consumption

China's March exports rise 30.6% as global consumer demand revives

Traders watched for signs of what President Joe Biden might do about reviving tariff war talks with Beijing.

Demand in segments that company caters to has come back: Cummins India

Engines and power equipment maker Cummins India has said the demand in most of the segments that the company caters to has come back strongly

Durables firms fear slowdown in rural regions as Covid-19 cases rise

During unlock, most consumer goods makers, including durables majors, turned their attention to small towns and rural areas

Countryside is the new battleground for Nestle India, Britannia and Parle

Nestle India's aggressive shift to the hinterlands points to the growth that beckons in these areas; Britannia and Parle have already got there

From instant noodles to honey, Marico develops an appetite for foods

The launch of instant noodles, honey and plant proteins is part of a larger strategy to cash in on consumer demand for packaged products

Unilever restores pre-pandemic sales target amid strong consumer demand

Rival consumer goods group P&G last month raised its fiscal 2021 sales growth forecast to a range of 5% to 6%, from 3% to 4%, mainly on the back of a strong first half

Economic activity tentatively returning to pre-Covid levels, says Icra

It can be noted that there have been apprehensions about the sustainability of the demand after a pick-up in economic activity during the festivities

Budget Byte: Boosting consumer demand will be crucial task for Sitharaman

Pent-up or not, demand yet to fully recover from the pandemic impact

Palm oil demand will be limited if prices continue to rise: Report

If it does, benchmark palm oil prices are likely to jump to as high as 4,000 ringgit per tonne in January

Mobile firms set for round 4 of price hike as chipset supply runs dry

With supply of mobile chipsets running dry, manufacturers here are left with no option but to hike prices once again, making it the fourth round of increase in 2020