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Recent India research
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Why India's consumer goods sales are beating market expectations
One of the big surprises in India’s current earnings season has been the better-than-expected sales of household, personal and food products despite the economic slowdown and drought. Sales of fast-moving consumer goods grew by double digits year on year in the July-September quarter. This highlights two of our key themes: the continued strength of rural demand despite a weak monsoon and the resilience of mass...