India's consumer goods sector set for big growth,with projections showing a 17.3% CAGR from 2025 to 2030. Report by Brickwork Ratings points to urbanization and shift to premium products as key drivers.
Healthcare services also on rise,fueled by strong interest and debt coverage ratios. Medical tourism market booming at $13 billion. And expansion of Ayushman Bharat Programme to include seniors over 70 adds momentum.
Rajeev Sharan, Head of Research at Brickwork Ratings, sees India's economy holding firm . GDP growth at 7.7% for FY26, then dipping to 6.7% in FY27. Inflation around 4.6% in FY27, but geopolitical tensions and El Niño could disrupt.
Reserve Bank of India (RBI) sticks with neutral monetary policy, cutting repo rate by 125 basis points to 5.25% through 2025. Keeps policy flexible amid external pressures.
Even with global economic strains, report says domestic demand stays steady . Government spending and improving margins help. Tech,autos,telecom,infrastructure, logistics, industrials,and power generation sectors set to gain from good policies and export chances.
But some sectors struggle. Chemicals and textiles face margin issues. Transport and airport sectors heavily in debt. K. H . Patnaik, Chief Ratings Officer at Brickwork,says sectors with stable revenue will still do well.
Of 25 sectors across eight clusters,Power Distribution rated negative-to-stable. Niraj Rathi,Senior Director of Ratings at Brickwork, blames high debt and low tariff hikes. DISCOMS improving loss reduction and collections fare better .
Broadly, Brickwork Ratings claims India's macroeconomic scene stays strong,offering growth potential across sectors . But keeping balance to tackle sector-specific issues while seizing growth chances remains…
