Finally, here's proof that India's consumption will boost domestic growth

Consumer goods output grew 3%.

According to DBS, January industrial production index rose 2.4% (YoY), on the firmer end of market expectations and up from revised -0.5% the month before.

Ironing out the volatility, the six-month moving average signalled stabilisation in the trend, with improvement in the consumer goods production emerging as
a source of support in recent months.

Here's more from DBS:

After adjusting for seasonal variations, the consumer goods output rose 3.0% (MoM, sa) in January, partly a payback from -3.9% decline in the previous two months.

The rebound in consumer goods (non-durables) in particular, validates our view that consumption growth rather than rebound in investments, will account for the initial boost to domestic growth in the next fiscal year.