Indian FMCG Market
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FMCG, dairy firms betting on strong double-digit sales growth this summer season
PTI -
This will also help the out-of-home (OOH) segment, where the companies expect a sharp rise in sales after a slump of two yearsNew Delhi: Demand for ice creams and cold beverages like Cola have surged because of the onset...
Latest News
Nature’s Basket launches a new store in New Delhi
Spread across 3,500 sq ft, the new outlet is the fourth store of Nature’s Basket in the Delhi-NCR region
Bengaluru: Nature’s Basket (NB), a homegrown grocery delivery chain of retail stores opened a new store at Defence Colony, New Delhi. Spread...
Big Grid
Bikaji Foods reports a PAT growth of 195.39% for Q3FY23
The company’s profit after tax (PAT) margin during the period increased to 6.2% as against 2.4% in the corresponding quarter of the last financial year
Bengaluru: Bikaji Foods International Ltd., a homegrown ethnic snacks company, reported a Profit After Tax...
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Worst of inflation may be behind us, says HUL CEO Sanjiv Mehta
PTI -
The rural market, which has been reeling under the impact of high inflation, has seen some green shoots in terms of slowing of the decline of growth, added MehtaNew Delhi: The worst of inflation is "perhaps behind" but there...
Big Grid
FMCG firms staring at muted revenue growth this and next fiscals amid inflation, sluggish rural demand
Revenue growth of the FMCG sector will be muted at 7-9 per cent this fiscal and the next compared to 8.5 per cent in the last, while volume growth will be just about 1-2 per cent, down from 2.5...
Latest News
Marico Q2 net profit falls to Rs 307 crore, revenue up at Rs 2,115 crore
PTI -
Marico reasons that the profit was down mainly due to losses on translation of foreign currency receivables and higher Effective Tax Rate (ETR)New Delhi:Â FMCG firm Marico Ltd reported a decline of 2.84 per cent in its consolidated net profit...
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Bikano to accelerate digitalisation, e-commerce and D2C channels in 2022
In talk with Manish Aggarwal, Director, Bikano to know the insights of the business    If you had to pen down your top 3 learnings from    2021 then what would that be?Hygiene, Convenience &...
Food
From Kiranas to Corporates: The evolution of modern retail in India
Food & FMCG products in India were typically retailed in small individually or family-owned and operated stores located in villages, city neighborhoods, and large urban markets. Grocery stores (called Kirana stores locally) account for the bulk of food retail...
Food
Re-Engineering sales & distribution systems is the need of the hour for FMCG brands
From travel to shopping and banking, everything around us has changed significantly over the past few years. The rapid growth of digitization has introduced several innovative technologies and strategic approaches which have changed the way Indian businesses function. Consumer...
Progressive Grocer
Cornitos celebrates 5th Anniversary this May
Cornitos, the flagship brand of GreenDot Health Foods Ltd is celebrating its 5th Anniversary this month by organising tasting activities in different cities. Promising to revolutionize the Indian FMCG Market, the company seeks to create a benchmark...
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RBI permits UPI transactions via prepaid payment instruments using third-party apps
A PPI issuer, in its capacity as a payment system provider, should not oonboardcustomers of any bank or any...
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