Demand for soft drinks, ice-creams touches five-year high

News: Demand for soft drinks and ice-creams has touched a five-year high, with the early onset of summer, improved power supply in villages, stable prices, return of push-cart workforce to cities, and revival of business and leisure travel as well as general mobility.

Views: Extreme heat and cola companies' aggressive push after two years of disruption has resulted in robust sales for carbonated drinks & ice-creams. We believe this would result in not only higher sales but better margins owing to operating leverage benefits

Impact: Positive