Premiumisation

The major themes will be domestic consumption and premiumisation, enabling companies to post strong earnings growth aided by margin accretion.

Opportunities priced in. We expect ’ iconic brand Royal Enfield (RE) to be one of the key beneficiaries of the premiumisation theme in domestic and export motor cycle segments.

Key trends and developments of this market includes increasing beauty per capita expenditure, mounting e-commerce retail beauty products sales, increasing premiumisation and developing preference for organic beauty products.

Nestle’s focus on innovation, market share and premiumisation is envisaged to boost volume-led growth.