FMCG sector shows recovery ahead of festival seasons on the back of rural, pent-up demand

The Hindu Business Line | Aug 2, 2020 at 12:27 PM
  • With demand in the rural market reviving, along with positive signs of replacement demand and pent-up demand from the lockdown time, fast-moving consumer goods and appliance companies are looking forward to the festival season to recover some of the losses incurred during the Covid-induced lockdown.
  • Companies also expect to ramp up production levels to meet the festive season demand.