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Urban demand rebounds, rural consumption stays resilient, El Nino remains key risk for FY27: Nuvama – The Tribune

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Urban demand rebounds, rural consumption stays resilient, El Nino remains key risk for FY27: Nuvama – The Tribune

Mumbai (Maharashtra) [India], June 8 (ANI): India's consumer sector witnessed a strong recovery in demand during the fourth quarter of FY26, driven by resilient rural consumption, improving urban demand and affordability benefits from GST-related measures, according to a report by Nuvama. The report noted that Q4FY26 emerged as a turnaround quarter for the sector after a prolonged slowdown witnessed during…

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