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India emerging as a bright spot, poised to lead next decade: N Chandrasekaran

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India is being seen as a promising country that is set to lead the next decade, according to N Chandrasekaran, Chairman of Tata Consumer Products. Despite global uncertainties and challenges, India's resilient and adaptable economy, supported by strong balance sheets, a healthy banking system, favorable corporate tax rates, a thriving capex cycle, and robust digital infrastructure, positions it well for future growth. Chandrasekaran highlights factors such as shifting supply chains, energy transitions, and the impact of artificial intelligence as further shaping the global landscape. He emphasizes the vast opportunity in India's consumer market, driven by factors like a young population, growing middle class, rapid urbanization, increasing disposable incomes, and rising aspirations. Tata Consumer Products aims for sustainable growth and value delivery to stakeholders, with investments in key capabilities like sales and distribution networks and e-commerce. In FY24, the company achieved a revenue growth of 10%.