The Indian consumer durables industry recovered well last fiscal, after two years of Covid-led disruptions.
This fiscal, while the peak summer demand was sub-par, the upcoming festive season should bring cheer. Overall, the demand is expected to be resilient supported by improving consumer sentiment and healthy housing demand.
Premiumisation would be the key driver for the industry going forward. Changing lifestyles and increasing disposable incomes have helped premium products gain traction and the trend should continue.
The manufacturers of consumer durables in the organised segment enjoy strong credit quality due to healthy balance sheets, and the easing inflationary environment should bode well for profitability.
In this context, CRISIL Ratings is hosting a webinar on September 26, 2023, to analyse sectoral trends and share their views on:
Key demand drivers
Emerging trends
Outlook on revenue growth and profitability
Credit outlook
The session will be followed by a panel discussion by industry experts and a Q&A session.
Disclaimer: This event and its content are intellectual property and confidential information of CRISIL. Any use of the same without written permission of CRISIL is illegal and hence punishable. Recording the webinar in any form in full or part or copying, altering, distributing or streaming the webinar is strictly prohibited and violation will attract legal action.
