India a bright spot for growth: Chandrasekaran

N Chandrasekaran, chairman of Tata Consumer Products, has said in the company's annual report for FY25 that India remains one of the bright spots of economic growth amid a volatile global environment.

- SHARLEEN D'SOUZA

He said India's long-term growth was underpinned by strong demographic and economic fundamentals as well as structural reforms.

"India's near-term macro outlook remains strong with stable growth expectation in 2025, falling inflation, and ongoing monetary easing. India's direct exposure to the US is limited as its goods exports to the US are just over 2 per cent of its gross domestic product (GDP), one of the lowest among emerging markets," he said in his address to the company's shareholders.