What is current consumption situation?

  • 3 Answers
  • Soumya Kanti Ghosh, Group Chief Economic Adviser SBI
    answered 3 months ago in CNBC interview
  • There are a lot of issues regarding the volume growth(in FMCG sector). Yes, there has been some sort of slowdown but I would like to point out 3 things; first is that the FMCG data doesn’t capture the unorganised sector sales, so from that point of view there could bias. Second, the volume growth of 5-6 percent could be a statistical artifact and third is that the consumers are now moving towards healthier options. Therefore, argument of small pack of losing momentum seems to coexist with such an argument
  • Adi Godrej, Chairman Godrej Group
    answered 3 months ago in CNBC interview
  • There is a slowdown in demand and that is definitely affecting the economy. The entire FMCG sector is affected
  • Saugata Gupta, managing director and CEO of Marico
    answered 3 months ago in CNBC interview
  • I think the consumption situation is soft, also I think it's not just the consumption situation. It is also the liquidity in the channel. So both are perhaps impacting the category growths in different sectors. While at one end there is both modern trade and e-commerce driving a little bit of premiumisation, I believe that there are some channel things which are changing in the form of channel dynamics

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