India Remains A Bright Spot, Says Tata Consumer Chairman Chandrasekaran

N Chandrasekaran, chairman of Tata Consumer Products, said India remains one of the few bright spots for economic growth amid global volatility.

In the company’s annual report for FY25, he cited India’s strong demographics, economic fundamentals, and structural reforms as growth drivers.

“India’s near-term macro outlook remains strong with stable growth in 2025, falling inflation, and ongoing monetary easing,” Chandrasekaran told shareholders.

He noted that India’s direct exposure to the US is low. Its goods exports to the US form just over 2% of GDP, among the lowest in emerging markets.

Chandrasekaran highlighted growing trends like premiumisation, health and wellness, and convenience. He said quick commerce is booming. Physical distribution remains highly relevant.

In a complex global environment, he stressed the need for agility and speed.

“Strong, resilient, and visible supply chains have never been more critical. Technologies like Gen AI, robotics, and blockchain are essential tools,” he said.

Furthermore, the global green energy shift is driving investment in electric mobility, renewables, hydrogen, and sustainable fuel.

However, that outlook changed due to concerns about growth and inflation. Policy uncertainty and trade shifts have led to a downward revision in global growth estimates.

Tata Consumer Eyes Growing Youth Market

Chandrasekaran said Tata Consumer uses an omnichannel strategy to capture new opportunities.

“Gen Z and Millennials may account for 76% of total consumption by 2030,” he said.

This shift drives demand for cooking aids, packaged food, healthy snacks, and mini meals — all now in the company’s portfolio.

He said their innovation and portfolio changes prepare them to benefit from emerging trends.

Meanwhile, he noted that FMCG is evolving fast. Brands must be present where the consumer is.

“We expanded our reach to 4.4 million retail outlets in India. We implemented a next-gen distributor system to boost sales force productivity,” he said.

He added that modern trade, e-commerce, and quick commerce remain strong. The company has also started building pharmacy and HoReCa channels.

Also Read: India’s Renewable Energy Capacity Triples To 232 GW; Solar Power Leads The Growth