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Monsoon 2025: Positivity galore

ICICIdirect Research 18 Jul 2025 DISCLAIMER

July is the most critical month of rainfall activity and usually accounts of ~33% of rainfall.
Monsoon 2025 has been true to its forecast with cumulative rainfall as on date at 109% of LPA i.e. above normal in nature.
Cumulative Rainfall has been healthy in the North, West and central India while a tad muted in the South and East India.
Interestingly, Southwest Monsoon has covered the entire country on 29th June 2025, against the normal date of 08th July i.e. 9 days before the normal date.
For the month of July, IMD has forecasted rainfall to be >106 % of LPA i.e. above normal in nature.
Revised monsoon forecast for 2025 is pegged at 106% of LPA and we are rightfully walking in that direction.
Positive monsoons are good for domestic rural economy with beneficiaries being farm equipment (tractor) players, consumer names in the durables and staples domain as well.

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