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India Inc's rural engine sputters in Sep quarter
Mint Bangalore
|November 20, 2025
Tepid farm income, sluggish credit growth and an uneven consumption recovery weighed on the momentum of companies linked to rural India in the September quarter, pulling back their pace of growth, even as they stayed ahead of the non-rural pack on some key parameters, a Mint analysis showed.
Earnings of 73 Nifty Rural Index companies—whose business models are closely tied to the hinterland—re
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