India Food & Drink Q2 2018
With a population of more than 1.3bn, rising incomes and ongoing reform momentum, India offers one of the mostattractive food and drink markets globally in terms of long-term growth potential. As India is underdeveloped, poor infrastructureand high levels of inequality will continue to present major obstacles, although we are starting to see greater investment fromdomestic and foreign companies, supported by stronger consumer confidence, as the short-term shock of the demonetisation andGST policies subsides. A more business-friendly environment under Prime Minister Modi will also bring greater dynamism to India'sfood retail market, further boosting supply and demand conditions from 2018 onwards.
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