Jefferies Report Details Growth Targets in Indian Consumer Sector
What happened
Jefferies released a report based on its India Consumer & Internet Forum regarding the Indian consumer sector. The report noted that online marketplaces are targeting around 25 per cent annual growth in net merchandise value over the next five years. Furthermore, the food aggregator Eternal expects approximately 20 per cent medium-term growth in food delivery.
From indiagazette.com
Why it matters
The findings suggest that the Indian consumer market is benefiting from premiumization and rising digital adoption. However, the report also cautioned that raw material inflation is emerging as a key near-term pressure on business margins.
The Indian e-commerce market is currently in a phase where it is actively seeking the optimal and sustainable growth model for the sector.
From indiagazette.com
Who's involved
- EterNaLFood aggregator whose growth targets were cited in the Jefferies report.
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The entities involved
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EterNaL
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