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Indian CMOs expect V-shaped recovery

December 28, 2020

Indian CMOs expect V-shaped recovery

Indian CMOs have participated in survey & said they are hopeful of V-shaped recovery of their industries due to the performance of agriculture sector and increase in demand for FMCG products.

Approximately 23% of Indian CMOs expect the economy likely to bounce back in next two years, according to the report conducted with leading Indian CMOs & leaders from the industry.

The report gained insights and perception of the impact of Covid-19 pandemic.

Octane research report said, “Approximately 35% of India’s CMOs are hopeful their industry will have V-shaped recovery which will boost the economy of nation”.

The positive sentiment is based on performance of the farm sector & increase in demand for FMCG sector. The company has applied strategy of digital first approach due to the challenges faced by the company during lockdown.

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