Economy #inflation#consumer spending
Inflation Starting to Take Toll on Indian Consumers, P&G India CEO Warns of Headwinds
Procter & Gamble India CEO V Kumar said inflation is making consumers more disciplined in spending, projecting short-term headwinds. The company faces a 50% spike in plastic costs due to the West Asia war, and global parent P&G warned of a $1 billion post-tax hit to fiscal 2027 profit. Delayed monsoons add to risks, but the company remains positive on India's medium-term growth.
Jun 17, 2026 1 source