If construction is booming, why are consumer staple sales so anaemic? Neelkanth Mishra explains

“Some of the trackers that our Axis Capital colleagues who cover consumer track show that FMCG baskets are 30% more expensive than they were three years back and if you have that level of inflation, then obviously,volumes will start getting affected and which perhaps is also a reason why some of the smaller manufacturers are making inroads.”

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