India’s consumer companies set to trump emerging market blues
Indian consumer companies seem to be in a better position because of the country's improving macroeconomic prospects
Global consumer firms have begun fretting about slowing growth in emerging markets, countries in which they had invested significant sums in recent years. This should not surprise, however, as the International Monetary Fund (IMF) had warned last month of emerging markets facing a broad-based economic slowdown. Some developed markets are offering some solace due to better growth rates, but not enough to offset slowing emerging market growth.