Coffee Can Newsletter – November, 2019

Although an environment of gloom and doom seems to dominate the current consumer sentiment, we believe India is on the (bumpy) path to progress. The slowdown we presently face in consumption and Investment is getting addressed by this government through decisive action over the last few months. There is an expectation that more steps to boost consumerism and investment in the economy will be in focus (foreign investments, protecting domestic interests). In the context of the Regional Comprehensive Economic Partnership (RCEP) trade agreement, bilateral discussions are expected in the near future itself as Indian negotiators fine-tune trade stance on important issues relating to surge in imports, future policy concessions and unequal tariffs. (especially in the context of Chinese imports).