Covid-19 impact on the Indian FMCG sector

A strict lockdown in the country led to a halt to discretionary spends like movies, restaurant and luxury items and consumers are possibly going to defer spending on fashion, personal grooming and home decor even after the situation improves. Harit Kapoor, FMCG analyst spoke on the economic impact of the COVID-19 crisis on the Indian FMCG sector in the coming quarters.