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VERIFIEDET Finance·positive
El Nino impact in sight even as top FMCG firms bet on rising India consumption
AI Summary
- ·Top FMCG firms like Marico, GCPL, and Dabur expect strong revenue growth in April-June, driven by consumer demand.
- ·Rural markets are projected to outperform urban areas, indicating improving rural sentiment.
- ·Companies are monitoring the potential impact of El Nino on monsoons and agricultural output.