India's wheat production is expected to increase by 4.1% to a | Stock market news

India's wheat production is expected to increase by 4.1% to a record 112.2 million tonnes, while rapeseed production is also expected to rise by 7.1% from last year. This is positive news for FMCG companies like Britannia, Hindustan Unilever, ITC, etc. as they deal with wheat. The increase in production will provide these companies with a steady supply of raw materials, leading to lower costs and higher profitability. Overall, this is a positive development for the agriculture and FMCG sectors in India.