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FMCG stocks on a roll as household binge during lockdown drives valuations

Stocks of fast-moving consumer goods (FMCG) companies are on a roll since the lockdown in March as increased consumption at home and lesser disruption in demand compared to other sectors have boosted valuations. The FMCG Index grew 32 percent from...

ITC, Godrej, Dabur, Emami report robust sales in rural areas

Leading FMCG players such as ITC, Godrej, Dabur, Emami and Marico are witnessing robust sales in rural and semi-urban markets, bolstering hopes of a speedy recovery from the impact of the COVID-19 crisis. According to a PTI report: Interestingly, the...

Agri package to help farmers, strengthen food processing linkages, stop wastages: ITC & Dabur

FMCG majors ITC and Dabur welcomed the third tranche of economic stimulus package worth Rs 1.63 lakh crore announced by the government for farm and allied sectors, saying it would empower farmers, strengthen agri-food processing linkages and enable demand-driven...

Dabur India resumes production at all manufacturing locations

Homegrown FMCG major Dabur India on Tuesday said it has resumed production at all its manufacturing locations following the government relaxing guidelines for the third phase of lockdown. According to a PTI report: The company, which earlier temporarily suspended production...

FMCG companies stepping up production under eased norms but labour, supply chain issues impede

Major FMCG players are trying to maximise production with the easing of regulations on opening of factories outside municipal limits by the government from Monday in the extended phase of lockdown despite continued constraints of manpower availability and supply...

Swiggy expands essential services to over 125 cities

Food ordering and delivery platform Swiggy on Monday said it has expanded delivery of groceries and household essential services to over 125 cities and has also tied up with a number of national brands and retailers. The company has partnered...

FMCG firms limit operations only to essential items

FMCG companies such as ITC, Nestle and Dabur on Tuesday said they are producing only the essential items at their manufacturing units amid the lockdown to prevent spread of coronavirus. According to a PTI report: The fast-moving consumer goods (FMCG)...

Factors fueling retail growth in India

Many factors are responsible for the growth of retailing in India. Currently, the consumer profiles are upgrading by themselves as they are increasingly exposed to newer means and varieties of consumption. Increase in consumption is one of the key...

Dabur elevates Amit Burman as Chairman

Home grown FMCG firm Dabur India on Friday said it has elevated Amit Burman as the company's chairman as part of the family succession. He was earlier designated as Vice-Chairman.Amit Burman, 50, son of late Gyan C Burman, replaced...

Companies betting on rural demand to grow: Report

A brokerage report on consumers and their consumption patterns on Tuesday said that consumption in central Indian rural states and Odisha is growing fast and that it favours companies with reach in both urban as well as rural India.The...
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Phoenix Palladium, Mumbai welcomes 4 new brands

The newly launched brands include Lifestyle, Celio, Ecco, and San-Cha Tea Boutique Bengaluru: Phoenix Palladium Mall in Mumbai, operated by...
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