In this episode of the State of Economy Podcast, businessline's Subramani Ra Mancombu speaks with Sanjay Kumar, MD & CEO of Rassense Pvt Ltd, to decode how commodity prices are shaping the future of India’s fast-growing food services sector — currently valued at $80 billion and projected to reach $150 billion by 2030.
Kumar provides a clear-eyed view of inflation trends across key food commodities include pulses, dairy, vegetables, and edible oils and their impact on pricing and profitability. He highlights the double-edged nature of low inflation, questioning whether it reflects healthy supply or weak consumption in India’s largely rural economy.
The discussion covers everything from the effects of currency depreciation and global fuel trends to the risks of diverting food crops for fuel. Kumar also weighs in on the challenges posed by unpredictable import duties and the need for a stable policy to ensure better business forecasting.
Is rising demand during festive seasons set to push prices higher and what’s the role of logistics in price escalation?
(Host: Subramani Ra Mancombu Producer: Prethicshaa Gurumoorthy)
About the State of the Economy podcast
India’s economy has been hailed as a bright spot amid the general gloom that seems to have enveloped the rest of the world. But several sectors continue to stutter even as others seem set to fire on all cylinders.