India continues to be bright spot in global economy despite geopolitical uncertainties: Tata Sons Chairman

Tata Sons Chairman N Chandrasekaran on Wednesday said India continues to be a bright spot in the global economy despite geopolitical uncertainties, offering strong growth and a very large market.

Chandrasekaran said changing lifestyles, emerging new retail formats, digital commerce and particularly quick commerce are changing how consumers consume, eat, drink and shop.

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Chandrasekaran said concerns over economic slowdown, weakening output and inflationary pressures resurfaced after the West Asia conflict outbreak late February. “This environment has prompted businesses to prioritise resilience, business continuity productivity, and trust-based decisions over mere efficiency,” he added.

“In this backdrop, we are fortunate that India remains a bright spot in the world and continues to be the fastest-growing major economy, primarily led by demographic strength, expanding physical and digital infrastructure, significant growth due to consumption and rising aspirations of the population,” he added.

This presents a significant opportunity for companies that can combine consumer-first thinking, innovation, execution excellence and a trusted brand. “Tata Consumer Products is extremely well-positioned in this scenario. Specifically coming to financial year 2025-26, the consolidated revenues in rupee terms grew 15 per cent to Rs 20,290 crore and the constant currency growth was around 12 per cent,” he said.

Chandrasekaran said the company now reaches 290 million households across India and is leveraging its distribution network, innovation pipeline, digital capabilities and brand portfolio to tap emerging consumption trends.

The chairman noted that growth businesses, including packaged foods, pantry staples and ready-to-drink beverages, now account for 30 per cent of the India portfolio, up from 26 per cent a year ago.