Indian Fmcg Market Key Insights, Consumption And Forecast 2027

The Union Budget 2019-2027's focus on agriculture, SMEs, education, healthcare, infrastructure, and tax relief is likely to have a direct influence on the FMCG sector. These activities are projected to enhance the average person's discretionary income, particularly in rural areas, which will benefit the sector.
The FMCG sector contributes significantly to India's GDP; as the fourth largest sector in the economy, it employs over 3 million people. Household care, personal care, and food and beverages are the three main components.