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Will the second Covid wave hit consumption demand in India? Will the second Covid wave hit consumption demand in India? Consumption patterns in India haven’t been largely impacted by the global pandemic. The fourth-quarter results have shown strengthening recovery and an increase in demand especially in the packaged food and hygiene product segment. However, the second Covid wave, which intensified in April, is putting a question mark on the sustenance of recovery. In an analyst call on Tuesday, Jon R. Moeller Vice Chairman and Chief Operating Officer, Proctor and Gamble pointing out the health situation in markets like India, Brazil, Turkey, said it is worse than it s ever been. “These markets do not have the healthcare infrastructure, nor the financial means to provide subsidies to their citizenry. And as a result, when this happens, employment is affected, consumption is affected, GDP is down significantly in some of these markets,” he said.

Abhijit kunduJonr moellerBajaj consumer care ltdChief operating officerRefinitiv ipsos primary consumer sentiment indexIpso indiaProctor and gambleRural marketsLocalised lockdownFood and hygiene productsConsumer sentiment indexConsumer productsபஜாஜ் நுகர்வோர் பராமரிப்பு லிமிடெட்தலைமை இயங்குகிறது அதிகாரிப்ராக்டர் மற்றும் சூதாட்டம்கிராமப்புற சந்தைகள்