Truck, Tractor Sales Rise In April With CV Retail Up 15%, Tractors 23%: FADA
Truck and tractor sales recorded strong growth in April, with CV retail up 15.02 per cent and tractor sales rising 23.22 per cent, according to FADA data.
Truck and tractor sales recorded strong growth in April, with CV retail up 15.02 per cent and tractor sales rising 23.22 per cent, according to FADA data.
In an interview, the CEO of lighting and consumer durables states that the company is investing significantly to up its distribution footprint and exports
The forecast of a favourable monsoon and revised tax slabs are expected to provide a boost to consumption in the coming quarters
Backed by consumption demand, the domestic economic activity is on a recovery path, allowing top bank to redirect its focus
The report states that key indicators like healthy reservoir levels and states introducing welfare schemes for women to aid consumption are expected to support the recovery
The report states that the moderation in food inflation and encouraging prospects for the agricultural output will support the momentum in rural demand
The slowdown in urban demand was particularly pronounced in specific categories, channels and consumer segments
Companies across the apparel industry are focusing on store rationalisation to enhance margins, although net store additions may remain low in the second half of the year
Analysts predict subdued earnings growth for Indian consumer goods companies in Q4 FY24. While FMCG revenues are anticipated to grow slightly faster, profit growth is expected to lag behind previous trends. The volume growth in the FMCG sector for the quarter ending March 2024 is projected to be challenging, driven by urban demand, with rural […]