Flashback 2019: Consumer sentiment slumps but foreign investors make bold bets

By Debjyoti Roy

  • 24 Dec 2019
Premium
Credit: Reuters

Indian consumer-focussed companies braced for a deep slowdown as rising inflation, high unemployment and falling economic growth damped people’s sentiment in the year gone by and made local investors cautious. But that didn’t stop some bulge-bracket foreign private equity funds to open their wallets and make big bets on India’s ......

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