India is the next big growth bet for consumer goods giants, contrasting with decline in China.

From Investing.com: 2024-08-08 23:35:47

India emerges as the next growth frontier for consumer goods giants like PepsiCo and Unilever, with companies tailoring products to suit diverse preferences in the fast-growing market. Market share of top multinationals in India set to increase to 20.53% by 2023, contrasting with a decline in China to 4.30%. Coca-Cola, PepsiCo, Nestle, and Reckitt see strong growth in India with new product launches and household penetration on the rise. In contrast, Nestle reports falling sales in Greater China as economic sentiment weakens.



Read more at Investing.com: From PepsiCo to P&G, India becomes next big growth bet as China lags By Reuters