India a bright spot for growth says N Chandrasekaran's
India: A Global Bright Spot Amid Uncertainty – N Chandrasekaran's FY25 Outlook
India’s Strong Economic Position
N Chandrasekaran, chairman of Tata Consumer Products, has said in the company’s annual report for FY25 that India remains one of the bright spots of economic growth amid a volatile global environment.
He said India’s long-term growth is underpinned by strong demographic and economic fundamentals as well as structural reforms.
“India’s near-term macro outlook remains strong with stable growth expectation in 2025, falling inflation, and ongoing monetary easing. India’s direct exposure to the US is limited as its goods exports to the US are just over 2 per cent of its GDP, one of the lowest among emerging markets,” he said in his address to the shareholders.
Source: Tata Consumer Products FY25 Annual Report
Trends Driving Change
He also said in today’s uncertain and complex global environment, companies need to stay agile and dynamic. “The need for strong, resilient, and visible supply chains has never been more critical. Emerging technologies such as Gen AI, robotics, and blockchain are not just buzzwords but essential tools."
"The green energy transition globally is making notable progress, and this transition is driving substantial investment in technology, electric mobility, renewable power, hydrogen and sustainable fuel,” he added.
Source: Tata Consumer Products FY25 Annual Report
Corporate Strategy in FY25
Chandrasekaran said that companies must include these trends in their strategies and foster a culture of agility and continuous improvement.
He added that 2025 started on a positive note with expectations of stable global growth, falling inflation, and tailwinds from lower interest rates. “However, this global macro narrative shifted with rising concerns around global growth and inflation as policy uncertainty rose sharply with dramatic shifts in trade policy. The latest global growth estimates have been revised down,” he added.
Source: Tata Consumer Products FY25 Annual Report
India’s Consumption Story
While talking about the firm, he said, “We have adopted an omni-channel strategy to tap into this growing opportunity. Gen Z and Millennials are expected to contribute to an increasing share of consumption; by some estimates, 76 per cent of the total consumption by 2030.”
He also highlighted that consumer trends like premiumisation, health & wellness, and convenience are gathering pace. Quick commerce has seen exponential growth, but physical distribution remains extremely relevant at the same time.
Source: Tata Consumer Products FY25 Annual Report
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