FMCG sector India
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FMCG firms report single-digit volume growth with better margin in December quarter
PTI -
Companies such as HUL, ITC, Marico, Dabur, and Godrej Consumer Products said urban markets continued their moderate growth, while consumer demand from rural India remained subdued even as they expect an improvement in coming quartersNew Delhi: Fast-moving consumer goods...
FMCG
FMCG flavours: Better volumes, rural demand revival uptick and double-digit volume growth in 2024
PTI -
The industry players are also expecting expansion of their profit margins with softening of commodity inflation that would result in increased spending on branding, return of promotional schemes for consumers and increased dividend payout to their shareholders
New Delhi:Â From an...
FMCG
Small regional FMCG players make a comeback, grabbing shares from big companies
PTI -
The small players are forcing larger rivals to go for a price revision in segments such as soaps, tea, detergent and biscuitsNew Delhi: Small regional FMCG players, which reemerged in the market after the cooling of inflation, are giving...
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Rural recovery for FMCG companies takes a pause amid food inflation, uneven rains
PTI -
FMCG makers like HUL, ITC and Nestle have expressed concerns over uneven rains, the impact of crop output and rising prices of some commodities such as wheat, maida, sugar, potato, coffee, etc New Delhi: The FMCG industry has witnessed a...
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Nestle India enters into millets-based Ready-to-Make category
PTI -
The company has introduced a+ masala millets containing bajra in the select market of NCR and online but has plans to expand it to other markets as it scales up
New Delhi: FMCG maker Nestle India has entered into the...
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ITC Sunfeast Baked Creations pays tribute to Chandrayaan 3 mission with a special dessert
Called Lunar Dulce de Leche Choux Bun by ITC Sunfeast Baked Creations, the dessert features a velvety white rocher glazed choux bun resembling the moon and is adorned with a chocolate replica of the Chandrayaan 3 rover
New Delhi:Â Paying tribute to the...
Food & Beverage
Dhanyam: Achieving organic growth
How Chennai-based professionals-turned entrepreneurs Madhusoodhnan K and Thendral Madhusoodhanan built and grew a profitable and popular organic retail businessBy Sanjay KumarBy early 2010, Madhusoodhanan K felt his instincts and impulses strongly drawn in the entrepreneurial direction. In April 2010,...
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Marico to acquire 58% stake in Satiya Nutraceuticals for Rs 369 crore
PTI -
The company has signed a definitive agreement to acquire a majority stake of 58 per cent in Satiya Nutraceuticals for a consideration of Rs 369.01 crore
New Delhi: Home-grown FMCG firm Marico will acquire a majority stake in Satiya Nutraceuticals,...
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Marico expects food business to reach Rs 850 crore in FY24
PTI -
Saffola, the master brand under which Marico offers healthier foods, has expanded the total addressable market to over Rs 10,000 crore, through a portfolio of healthy value-added offeringsNew Delhi: Home-grown fast moving consumer goods (FMCG) firm Marico expects its...
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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...
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Digital Icon : Rakesh Bali
Rakesh Bali is at the helm of brand marketing, communications, events, and sustainability-related marcom initiatives for the petrochemicals segment...
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