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The industry also said the Budget will drive consumption and growth momentum needed to revive the economy. Budget will help increase rural consumption: FMCG makers
New Delhi: The FMCG industry on Monday said a special focus on the agriculture sector in the Union Budget will help increase rural consumption and sustain growth momentum.
FMCG manufacturers like ITC, Emami, Marico and Jyothy Labs said it is encouraging capital infusion in infrastructure, divestment and restructuring of allocations without impacting consumers negatively.
The industry also said the Budget will drive consumption and growth momentum needed to revive the economy. According to ITC Chairman & Managing Director Sanjiv Puri, it is a visionary and growth-oriented budget , which provides further impetus to build India s competitiveness as also foster inclusive growth. The enhanced capital expenditure, particularly on infrastructure, will create livelihoods and provide an accelerated thru
The FMCG industry on Monday said a special focus on the agriculture sector in the Union Budget will help increase rural consumption and sustain growth momentum. FMCG manufacturers like ITC, Emami, Marico and Jyothy Labs said it is encouraging capital infusion in infrastructure, divestment and restructuring of allocations without impacting consumers negatively. The industry also said the Budget will drive consumption and growth momentum needed to revive the economy. According to ITC Chairman & Managing Director Sanjiv Puri, it is a visionary and growth-oriented budget , which provides further impetus to build India s competitiveness as also foster inclusive growth. The enhanced capital expenditure, particularly on infrastructure, will create livelihoods and provide an accelerated thrust to the V-shaped recovery trajectory.