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Consumption expenditure to pick up progressively on rural demand: ITC

The New Indian Express Kochi

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June 28, 2025

FMCG major ITC expects consumption expenditure to pick up progressively led by continued recovery in rural demand backed by a good monsoon.

- ENS ECONOMIC BUREAU @ New Delhi

The Kolkata-headquartered conglomerate also expects improvement in urban demand as inflation stabilises and tax cuts announced in the Union Budget boost disposable incomes.

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