After years of sluggish growth and muted stock performance, India’s FMCG sector may finally be turning a corner. From GST rate rationalisation and a favourable monsoon forecast to a government pivot toward consumption in the Union Budget, new tailwinds are aligning to support a potential recovery in demand and earnings. While “sin stocks” like ITC and Radico Khaitan have outperformed, broader sectoral gains may now be on the horizon.
