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Global consumer companies to step up India play after strong December quarter

By Economic Times - 4 months ago
Global CEOs and financial heads of consumer-facing companies like Apple, Starbucks, Colgate, Mondelez, Diageo, and Whirlpool reported strong performance in their India businesses. Mondelez plans to invest in capacity expansion. Whirlpool expects a 4-6% increase in sales volume in Asia driven by India's growth. Apple's India business had record quarterly revenue. Diageo sees positive prospects with regulatory changes. Starbucks is confident of revenue and profit improvement in India. Colgate-Palmolive is optimistic about demand recovery in rural markets.

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