New Delhi, June 23 -- New Delhi: Despite a "tough" March quarter and lingering pressure on many urban consumers, Prabha Narasimhan, managing director and chief executive officer (CEO) of Colgate-Palmolive (India) Ltd, expects a rebound in consumer sentiment and spending in the latter half of the year.

She cited government interventions, improved liquidity and a good start to the monsoons as key drivers for this change.

"We're hoping the uptick in consumer sentiment happens towards the back end of the year. The government has intervened, there's been a tax cut, liquidity has improved, monsoons are meant to be quite good this year-all of those should certainly help. We see two pockets of opportunity-the top 30% of urban India has no short...