Press Release
Shveta Arya, Managing Director, Cummins India Limited, said:
While inflation is easing in most countries, there is still uncertainty in different regions globally, leading to overall subdued outlook. US policy is expected to have a significant impact on the global economy in the years ahead. Amidst the uncertainties in various global economies, Indian economy is recovering well after slower growth in Q2 FY25. GST collections continue to remain strong, indicating robust underlying trade activities, while other key economic indicators like IIP, PMI are pointing to a reasonable economic outlook for the year.