EY India
FMCG
After squeeze in urban demand & price hikes, FMCG industry expects consumption revival in 2025
PTI -
Soaring prices of commodities such as palm oil, coffee, cocoa and wheat forced FMCG players to go for a hike of 3 to 5% or resort to shrinkflation.By Kumar RahulNew Delhi:Â The FMCG industry hopes for a revival in consumption...
Spotlight
Gen AI can add cumulative $1.2-1.5 trillion to India’s GDP by FY30: EY
PTI -
The anticipated impact entails improvements in workforce productivity, increased operational efficiency, and personalised customer engagement, EY India saidNew Delhi: Generative artificial intelligence (Gen AI) has the potential to add a cumulative $1.2-1.5 trillion to India's Gross Domestic Product over...
Food
Piece of Cake: Pandemic sweetens cake sub-segment, attracts bigwigs
IANS -
Pandemic-induced acceleration in consumption of bakery items has attracted food majors to venture into the "sweet and convenient" sub-category of packaged cake segment.
At present, the industry estimates the sub-segment's revenue generation capacity of over Rs 2,500 crore per annum.
In...
Retail
IMAGES Group Survey: Over 72 pc retailers turn to technology, e-commerce to increase revenue
Ever since COVID-19 broke out in India, IMAGES Retail has been bringing out analysis, reports, webinars discussing impact, challenges, recommendations and opinions from the retail industry experts and stalwarts to fight the crisis.
In a recent survey conducted by the...
Food
Personal care, food & beverage, and home care are expected to recover faster from COVID-19 crisis: EY analysis
Personal care, food & beverage, and home care are expected to recover faster as compared to other categories, primarily as these products are essential to survival and will be consumed irrespective of whether an individual stays at home or...
Retail
India Inc reacts to Budget 2020
Union finance minister Nirmala Sitharaman presented her second budget on February 01, 2020Â at a time when the economic growth has plunged to a six-year low amidst a persistent slowdown in the economy followed by a weak demand.
Here is how...
Retail
Retail industry reacts to the Union Budget 2018
In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent.In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...
Retail
Liberalised FDI norm in single brand retail draws mixed reactions
The Union cabinet's approval of 100 per cent Foreign Direct Investment (FDI) in single brand retail on Wednesday drew mixed reactions with industry observers lauding the move while traders' bodies opposed it as "a serious matter for small businesses"."This...
Food
FMCG biggies eagerly wait for GST, call note ban temporary setback
The FMCG sector - already reeling under the impact of two slow growth years were hopeful they would turn the corner this fiscal on the back of a good monsoon and the Seventh Pay Commission handout - was delivered a...
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Latest News
We are among the top footwear on major platforms: Gopal Rathor, Clog London
Gopal Rathor, Director, Clog London speaks about the brand’s growth journey, strategies and expansion plansNew Delhi: Launched in 2018...
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