Consumer Durables News

fpi investment: India consumption picking up, FPIs hurry to stock up

ET Intelligence group: Amid a strong recovery in consumption indicators, FPIs invested close to $3.2 billion (Rs 26,100 crore) in fast moving consumer goods (FMCG), consumer durables, automobiles, and telecommunication companies in 45 days to the end of August, 2022. It was 41 per cent of their total inflow of $7.9 billion (Rs 48,000 crore) during the period, the data from NSDL show.

The fortnightly flow in consumption stocks was the highest

Source link

Leave a Comment