Daijiworld Media Network – Mumbai

Mumbai, May 27: India's near-term economic outlook remains strong with expectations of stable growth in 2025, declining inflation, and signs of monetary easing, said N Chandrasekaran, chairman of Tata Consumer Products, in the company’s FY25 annual report.

Chandrasekaran emphasized that in a rapidly changing global environment, the need for strong, resilient, and visible supply chains has never been more critical. With global growth estimates being revised downward, India continues to shine as a bright spot, he noted.

“The country’s robust demographics and sound economic fundamentals are key drivers of growth,” he said. He pointed out that India’s direct trade exposure to the United States is minimal, with goods exports to the US accounting for just over 2 per cent of the GDP among the lowest in emerging markets.

Highlighting growth drivers, Chandrasekaran said modern trade, e-commerce, and quick commerce are evolving rapidly. “Quick commerce has grown exponentially, but traditional physical distribution remains vital. Integration of AI and machine learning into our supply chain has boosted forecasting, inventory optimization, and overall efficiency,” he added.

In a time marked by uncertainty, he stressed that companies must remain agile. “Emerging technologies like Gen AI, robotics, and blockchain are not just trends they are vital tools for success.”

Chandrasekaran also noted that the global shift towards green energy is gathering momentum, fueling investments in technology, electric mobility, renewable power, hydrogen, and sustainable fuels.

“At Tata Consumer, we follow an omnichannel strategy to harness this expanding opportunity. With Gen Z and Millennials projected to account for nearly 76 per cent of total consumption by 2030, our focus is well-aligned with future market dynamics,” he concluded.