They are also relieved at the fall in import of cheap umbrellas from China which had dented the domestic market for several years
Monsoon showers reached Kerala on Saturday, after a week's delay
Several parts of Kerala have started receiving a good amount of rainfall
Last month, announcing the expected day of monsoon arrival over Kerala, IMD said it could happen on June 6, with an error margin of plus or minus four days
But with a model error of four days, monsoon may hit the mainland any day between June 2 and June 10
On Tuesday, private weather agency Skymet said the monsoon would hit the Kerala coast on June 4, with an error margin of two days
What augurs ill for the economy is that Skymet expects multiple agrarian regions to have serious shortfall in rains
Rains usually lash Kerala state around June 1 and cover the whole country by mid-July. Timely rains trigger planting of crops such as rice, soybeans and cotton
After a drought in Maharashtra and Gujarat reduced output last year, unseasonal rainfall this year has damaged crop; no respite in sight for consumers
Laxman Singh Rathore, former Director General of the IMD, said in parts of northeast India and the Western Ghats, pre-monsoon rainfall is critical for plantation of crops
Predictions for below-average rain by a private forecast earlier this month has raised the specter of increasing food costs combining with higher oil prices
Several consumer facing companies said it will help boost demand of goods and keep the inflation in check post-September after IMD's monsoon predictions
The IMD's prediction comes days after private weather forecaster Skymet projected less than normal rains this season
The monsoon season delivers about 70% of India's annual rainfall and is key to the success of the farm sector in India
According to Skymet, June and July will have less rains
The probability of normal showers this year is more than 50 percent, Jatin Singh, managing director of the New Delhi-based private forecaster, told reporters in a preliminary forecast
This year, the withdrawal of monsoon from most parts of India is almost a month behind the normal schedule of Sept 1
Though overall rains have been over 9 per cent below normal, it hasn't led to a sharp drop in the area under kharif crops
In 11 states and UTs, including Meghalaya, Arunachal Pradesh, Jharkhand, Bihar, Gujarat and Tamil Nadu, 50% or more districts experienced deficient to "large deficient" rainfall, as per an analysis
The Central Water Commisison (CWC) has issued heavy to very heavy rain alerts for some districts of Uttarkhand and western Uttar Pradesh, including Ghaziabad and Balrampur