Vivek Gambhir, MD & CEO, Godrej Consumer spoke to ET Now, explaining their future growth potential and the consumer demand environment in India. In light of demonetisation interest rates, digital payment, and latest GST how conducive you think is the Indian consumer environment currently from a macro perspective? It has been tough for the Indian economy, as the economy has gone through a reset and it has led to a lot of near term pain but we are very hopeful that the implementation of the GST should be transformational for the Indian economy. So from a Godrej Consumer products point of view our basket of products includes both staple products such as household insecticides and soaps along with discretionary products. Over the last few months we have seen now rural growth again edge a little bit faster than urban growth.

Source: Economic Times September 08, 2017 07:30 UTC