India’s TOP 500 Companies 2021

INDIA’S TOP 500 COMPANIES 2021 105 Exports and imports witnessing steady revival Reopening of global and domestic economies exerted upwards inflationary pressures -80 -40 0 40 80 Apr-19 Jun-19 Aug-19 Oct-19 Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20 Feb-21 Exports Growth (% y-o-y) Imports Growth (% y-o-y) -5 0 5 10 -80 -40 0 40 80 120 Apr-19 Jun-19 Aug-19 Oct-19 Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20 Feb-21 Global industrial input inflation (% Y-o-Y) Global fuel group inflation (% y-o-y) CPI (% y-o-y) WPI (% y-o-y) Note: Data for IIP & 8-core industries in Q4 FY21 is only for Jan-Feb 2021; data for exports & imports pertains tomerchandise exports; Global industrial inputs inflation includes agricultural raw materials & base metals inflation; Global fuel group inflation includes crude oil, natural gas, coal & propane inflation Source: MOSPI, RBI, GST Council, IMF, Ministry of Commerce Improvement in consumption demand was pronounced in GDP numbers which exhibited substantial deceleration in the pace of contraction. Amongst sectors, agriculture sector demonstrated strength on the back of normal monsoon and largely uninterrupted farming activities as the sector was insulated from the pandemic related containment measures. Nonetheless, the pace of recovery in contact-based sectors like mining and trade, hotel, transport & communication services was slow. However, with the reopening of the economy, manufacturing activity continued to gain traction. Agriculture sector demonstrated strength amidst broad-based contraction Steady revival in consumption and investment demand aid GDP growth -22 1 -40 -30 -20 -10 0 10 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 GVA Agriculture Industry Services - 24 -60 -40 -20 0 20 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 GDP Government Consumption Private Consumption Investment Source: MOSPI The economic sentiment witnessed further improvement with the onset of COVID-19 vaccination drive. However, the severe second wave of COVID-19 has delayed the economic recovery as localised restrictions to curb the pandemic kept the real economic activity weak. Going forward, accelerating the vaccination drive and limiting further outbreaks of COVID-19 cases would be vital to sustain the growth impulses. Dun & Bradstreet