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Even in FMCG companies that reported a slowdown in Q2, the premium portion of their portfolios grew in double-digits. With the September quarter earnings season all wrapped up, the picture on the cards is clear, there's a broad-based slowdown in urban consumption across product categories. However, in the eye of the storm, the 'Affluent India' theme remains buoyant, seeing no pressure despite waning demand from the urban population, suggested Arnab Mitra, India Consumer Analyst, Goldman Sachs. ...Read More >
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