Sanjiv Mehta, Executive Chairman of L Catterton India, and former Chair & CEO of HUL, predicts that India will become a major consumption hub similar to China’s past growth. He emphasizes the importance of general trade and kirana stores in India’s economic evolution, highlighting the need for increased consumption and market development across various FMCG categories.
Gold prices rise for 3rd straight week, hit 3-month high. Can bullion reclaim $5,500 peak?
Gold rose 5% this week to nearly $4,603, marking its third consecutive weekly gain, supported by a weaker US dollar, Treasury bond buybacks and expectations