India's macroeconomic variables to remain stable in FY26, consumption growth to pick up: ITC

ITC's annual report projects a stable Indian economy in FY26, with GDP growth around 6.5%. Consumption is expected to rise, driven by rural recovery and stabilizing urban demand as inflation eases and tax cuts boost incomes. Government initiatives, infrastructure development, and financial reforms are anticipated to further propel economic growth, solidifying India's position as a leading global economy.