A business official said in a conference call that GCPL has been witnessing a slowdown in the North and West areas of India for the past 5-6 quarters.”With couple of certain signs of enhancement in the economy in the myopic future, we do not expect much improvement in Indian FMCG sector till Q3 FY21,” a CARE Ratings report just recently stated. The Rs 4-lakh crore FMCG sector will close fiscal 2020 with a 9 per cent growth, down 4 portion points and a dive in rural buying will lift the very same to 11 per cent in fiscal 2021, CRISIL Ratings said in a report. A company official stated in a conference call that GCPL has actually been experiencing a slowdown in the North and West areas of India for the past 5-6 quarters. The discounts and consumer offers resulted in a four per cent dip in sales of soaps for Godrej Consumer Products. Motilal Oswal stated in a report that higher inflation would equate into greater incomes for farmers, while the lowering of farm input expense increase their margins.”With couple of definite indications of improvement in the economy in the myopic future, we do not anticipate much enhancement in Indian FMCG sector till Q3 FY21,” a CARE Ratings report just recently stated. The Rs 4-lakh crore FMCG sector will close fiscal 2020 with a 9 per cent development, down 4 percentage points and a jump in rural purchasing will lift the exact same to 11 per cent in financial 2021, CRISIL Ratings stated in a report.