The consumer goods industry in India has registered good financials in Jan-Mar 2018 on the back of reduced goods and services tax, rise in production and increase in rural demand. Companies like Dabur, Nestle, Hindustan Unilever, Emami and Godrej Consumer have recorded 200-300 basis point growth in operating margins. Most of these companies had
reinforced their advertising and sales promotional activities during the
quarter. Crisil, the ratings agency, has projected that improved rural demand and new product launches will result in 300-400 basis point growth for consumer goods companies in 2018-2019.
Copyright (c) 2018 . Informatics India Ltd., source Indian Business Insight