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Emami expects Q-commerce channel to grow five-fold in 2 years: VC & MD Harsha V Agarwal

The Kolkata-headquartered company is quite encouraged by a good monsoon this season and is "optimistic" for good festive season sales, even from the rural markets, which were lagging.New Delhi: Home-grown FMCG major Emami expects four to five-fold growth in sales...

Leading FMCG firms see two-fold rise in sales via quick commerce in FY24: Report

About 18 percent of consumers prefer purchasing food and beverage items from Q-commerce channelsNew Delhi: Leading FMCG firms reported a nearly two-fold increase in the share of quick commerce within their total e-commerce sales, and this surge is anticipated...

Amul ready to enter european market after US: MD

Talking about Amul's recent launch of milk in the US, Mehta said it has been "highly successful", and they are now ready to enter the European market for the first time.New Delhi: Managing Director of Amul and Gujarat Co-operative...

Amul brand operator GCMMF says turnover rises 8% to Rs 59,445 cr in FY24

The group turnover of brand Amul reached Rs 80,000 crore ($10 billion) in 2023-24 from Rs 72,000 crore ($9 billion) in 2022-23New Delhi: Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which sells dairy products under Amul brand, on Saturday...

Positive trends emerging in consumption, green shoots visible: P&G Hygiene and Health Care

However, in the nearer term, Procter & Gamble group firm also anticipates some challenges to continueNew Delhi: Positive trends are emerging in consumption from rural and urban markets, inflation has been softening consistently and the financial outlook will continue to...

New Shop partners with Thomson Computing

The Indian unit of the French consumer technology company is also acquiring a minority stake in New Shop New Delhi: Convenience retailer New Shop has partnered with Thomson Computing, a French computer and electronics manufacturing company, a social media post...

Carrefour to re-enter India in a franchisee partnership with Apparel Group

Apparel Group in India caters to millions of eager shoppers through its over 200 retail stores and over 10 brands New Delhi: France's largest supermarket operator Carrefour is re-entering India in a franchisee partnership with Dubai-based Apparel Group that plans...

Tata Consumer Products completes merger of three wholly-owned subsidiaries in India

TCPL has merged its wholly-owned subsidiaries Tata Consumer Soulfull Pvt Ltd, NourishCo Beverages Ltd, and Tata SmartFoodz LtdNew Delhi: FMCG maker Tata Consumer Products Ltd (TCPL) has merged its three wholly-owned subsidiaries after getting approval from NCLT and other...

Committed to double-digit growth in FY25, exploring inorganic, strategic opportunities: Emami

The company's focus will be to grow revenues with robust margins, generating adequate cash flows to reinvest in the business and strengthening sustainabilityNew Delhi: Home-grown FMCG major Emami is looking for double-digit growth in the current fiscal year and...

FMCG distributors raise concern over rapid growth of quick comm platforms

The All India Consumer Products Distributors Federation (AICPDF) also suspected potential violations of FDI regulations by these quick-commerce companiesNew Delhi: FMCG distributors have raised concerns over the "rapid and unregulated growth" of quick commerce platforms, saying it needs immediate scrutiny.In...

India delivering double-digit sales growth of FMCG, tech durables from modern trade channels: Report

According to the report, India has a dominant position in the Asia Pacific region in modern trade sales, where the premium-plus pricing segment accounts for nearly 40% of FMCG sales and 30% of tech durables salesNew Delhi: India is...

Coca-Cola India appoints new market head for India Southwest Asia

Singh will succeed Arnab Roy, who was recently named the Global Category President, of the Coca-Cola TrademarkNew Delhi: Beverages major Coca-Cola on Friday said Greishma Singh has been appointed as the new market head for India Southwest Asia (INSWA)...

Dabur to set up first plant in South India, to invest Rs 400 crore in Tamil Nadu

Dabur has signed a Memorandum of Understanding (MoU) with the state government to which outlines an approved Phase 1 investment of Rs 135 crore, scaling up to Rs 400 crore over five years Chennai: Home-grown FMCG major Dabur India on...

Amul ranked as world’s strongest food brand, dairy brand: Report

As per the report, Amul has risen from second rank in 2023 to become the world’s strongest food brand in 2024, with a brand strength index (BSI) score of 91.0 out of 100 and an AAA+ ratingNew Delhi: Amul...

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Chandni Chowk Wedding Festival draws 1.56 million visitors at Omaxe Chowk

More than 75 brands across fashion, jewellery, and lifestyle from Chandni Chowk and Omaxe Chowk came together for the...
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