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DS Group earmarks Rs 125 cr spend in FY25 to fuel growth of Catch Spices brand
PTI -
We have grown around 22 per cent CAGR over the years. In the last two years we have grown at a CAGR of 24 per cent. We plan to grow at a CAGR of 30 per cent in the...
Food & Beverage
In 3 years, PepsiCo India doubled its previous 30-year capacity: Anand Mohan Sharma
Anand Mohan Sharma, director of channel, customer and go-to-market (GTM) development for PepsiCo India on the growth of the cola giant’s portfolio in India’s general and modern trade, online as well as the growing out-of-home categoryAs the director of...
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Patanjali Foods Q2 profit jumps over 2 times to Rs 255cr; ropes in Dhoni as brand ambassador for 2 brands
PTI -
Total expenses also fell to Rs 7,510.71 crore from Rs 8,371.03 crore during the period under reviewNew Delhi: Patanjali Foods Ltd has reported over two-fold jump in its net profit to Rs 254.53 crore in the second quarter of...
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Xpressbees gets USD 80 million investment from Teachers’ Venture Growth
PTI -
This investment will be used to help drive further growth for the Xpressbees platform and support the company's strong management team with their future ambitions, Xpressbess saidMumbai:Â Third-party logistics platform Xpressbees on Tuesday said it received an investment of USD...
FMCG
FMCG industry logs 8.6 pc volume growth in Sept qtr on easing inflation: NielsenIQ
In food, the growth is primarily driven by products falling under the impulse category like salty snacks, chocolates and confectionery and habit-forming such as biscuits, tea, coffee, etcNew Delhi:Â The FMCG industry in India had an overall 8.6 per cent...
Spotlight
Indian road logistics industry on a smooth ride in FY2024: ICRA
PTI -
It said the industry's revenue growth is pegged at 6-9 per cent in FY2024 on an elevated base of FY2023, driven primarily by demand from varied segments like e-commerceNew Delhi:Â Rating agency ICRA on Wednesday said that it anticipates a...
Marketing
Indian Olympic Association signs up Samsonite as Asian Games partner
The members of the Indian contingent will travel to the games with Samsonite's premium suitcases
New Delhi:Â Indian Olympic Association (IOA) has announced the coming on board of travel luggage company Samsonite as partner for the Hangzhou-bound Asian Games contingent in a...
Latest News
Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down
PTI -
Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its productsNew Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...
Latest News
B2B sourcing player ProcMart plans targeted acquisitions across South East Asia
The Deal size/Average Ticket size would be between Rs 50 to 200 crore and the primary focus will be on B2B companies within India and South East Asia such as Indonesia, Vietnam and ThailandNew Delhi: Online B2B sourcing partner ProcMart plans...
Latest News
After Mumbai outlet, Zouk keen on more offline stores, charts out FY24 growth blueprint
PTI -
The current focus of Zouk is to move ahead with the FY24 blueprint for growth, including more offline stores that would boost brand visibilityNew Delhi:Â With the recent launch of its flagship store in Mumbai, lifestyle and fashion accessory startup...
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71% of consumers want generative AI integrated into their shopping experiences: Report
Over half (58%) of consumers have replaced traditional search engines with Gen AI tools for product/service recommendations, up from...
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