As if slowing demand and competition from quick commerce aren’t enough, it now has a new bugbear in finding and retaining talent.
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The panacea for the FMCG giant’s tepid growth lies in small-town and rural India. But that’s also shaping up as the new battleground for competitors looking to challenge its dominance.
Stagnant wages and job growth are straining the economy. The government’s hyped tax breaks can do little to fix what is fundamentally wrong with demand.
Unemployment among urban women is still way higher than any other group and the change seen in the latest survey is insignificant.