Tyre maker CEAT Ltd expects double-digit growth in replacement and international business this fiscal despite a high natural rubber price forcing it to hike product rates, according to its MD and CEO Arnab Banerjee. The company, which has taken price hikes of 2-2.5 per cent in the replacement segment since May, expects another round of … Read more
NEW DELHI: Retail vehicle sales across India saw strong growth across all vehicle categories this January, with the overall market expanding by 15 per cent.Two-wheelers (2W) sales grew 15 per cent, followed by three-wheelers (3W) at 37 per cent, passenger vehicles (PV) at 13 per cent, tractors at 21 per cent and commercial vehicles (CV) … Read more
NEW DELHI: Even as some consumer goods companies continue to tackle a sluggish rural demand, for Coca-Cola India, rural markets have been growing at a faster pace than urban regions. Expansion of electrification coverage in rural India, better incomes and ramp-up in government spending have been the tailwinds of growth in the regions, helping the … Read more
NEW DELHI: Dabur India is seeing very good recovery in rural markets and expects growth from these markets to come at par with the urban market in three-to- four quarters,said.As inflation is coming down with cooling of commodity prices, a slow volume recovery is happening in those markets, which is narrowing the difference between growth … Read more