Signal Desk · Companies

Birla says India remains a bright spot in global economy

2026-08-25 · 1 source · Business Standard Companies

In short

Kumar Mangalam Birla said India is still a bright spot in the global economy. A Business Standard summary said he pointed to strong consumer demand and supportive policies. It also said India’s apparel retail market could cross ₹14 trillion by FY30.

This matters for Indian companies tied to consumer spending and clothing sales.

What the reporting says

Kumar Mangalam Birla said India remains a bright spot in the global economy, citing resilient consumption and supportive policies in a Business Standard summary. The report also said India’s apparel retail market could exceed ₹14 trillion by FY30.

Why it matters

Kumar Mangalam Birla said India remains a bright spot in the global economy, according to a Business Standard summary that cited resilient consumption and supportive policies. The same summary said India’s apparel retail market could exceed ₹14 trillion by FY30.

Touches: ABFRL, Economy, Companies

Sources