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Tax relief for middle-class, salaried will help increase consumption patterns: Marico MD

The key expectations from the full budget of 2024-25 include a continued emphasis on rural development through investments in infrastructure and employment, bolstering agricultural activities to enhance rural income, he saidNew Delhi: Tax relief for middle-class and salaried class...

Del Monte Foods Pvt. Ltd. appoints Abhinav Kapoor as CEO

Kapoor has over two decades of experience in sales and distribution in the FMCG/Consumer businesses sector and previouslyNew Delhi:  Del Monte Foods Private Limited, which operates in the packed food segment, on Thursday announced the appointment of Abhinav Kapoor...

How global brands are innovating to reduce plastic usage

Learn how international giants such as Unilever, Nestle, Pepsico, Marico and Amazon are attempting to reduce plastic usageBengaluru: Larger global corporations are attempting to innovate and gear themselves towards reducing plastic usage. Brands like Unilever, Nestle, Pepsico, Marico and...

FMCG companies expect volume growth in FY25 with improvement in revenue

HUL said it continues to see positive volume growth across most of its businessNew Delhi: Leading FMCG makers expect a volume-led growth in FY25, with a revival in consumption supported by a lower inflationary environment, projections of a normal...

FMCG firms report single-digit volume growth with better margin in December quarter

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...

Marico Q3 net profit up 16% at Rs 386 crore

However, its revenue from operations fell 1.94% to Rs 2,422 crore during the quarter under review from Rs 2,470 crore a year agoNew Delhi: Homegrown FMCG major Marico Ltd, on Monday, reported a 15.9% increase in its consolidated net...

Small regional FMCG players make a comeback, grabbing shares from big companies

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...

Revenue growth to come back in H2, would continue portfolio diversification: Marico MD & CEO

In the next two quarters, revenue growth of the company would be in line with volume growth, Gupta told PTINew Delhi: Home-grown FMCG major Marico expects revenue growth to come back in the second half of the fiscal and sluggish...

Prozo launches cold storage facility in Tamil Nadu

Located near major seafood hubs in the East Coast region of Tamil Nadu and Andhra Pradesh, the facility spans over 30,000 sq. ft. with a height of 39.8 ft. and is compliant with all safety and security normsBengaluru: Supply...

Dabur scouting for acquisition targets in D2C healthcare, personal care: CEO

The acquisition will help Dabur to increase its play in the fast-growing premium segment and also to strengthen our urban play, Malhotra said in a post-results Investors' Conference CallNew Delhi: Homegrown FMCG major Dabur India is looking for an...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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