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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...

Marico to acquire 58% stake in Satiya Nutraceuticals for Rs 369 crore

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,...

Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down

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...

Consumer demand stable in Q1, margins to improve: say FMCG players

Two FMCG players - Marico and Godrej Consumer Products Ltd (GCPL) - in its quarterly updates reported that the overall consumer demand remained steady in the April-June periodNew Delhi: The fast-moving consumer goods (FMCG) sector witnessed a stable demand in...

FMCG makers expect sustained recovery in volume and margins with price reduction in FY24

FMCG companies are chasing volume growth again after a gap of a few quarters, offering higher grammage and price cuts thanks to inflationary pressuresNew Delhi: Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-moving consumer...

FMCG makers see green shoots of revival in rural market, increase marketing spends

Firms such as HUL, Godrej Consumer Products Ltd, Dabur, Marico and Emami expect recovery in consumption and are increasing upfront marketing investments in advertising and promotionNew Delhi: Major FMCG companies feel the demand slump has bottomed out and there are...

Marico acquires Vietnamese personal care brands in Rs 172 crore deal

Homegrown-FMCG company Marico to acquire Vietnam-based Beauty x Corporation in an all-cash deal to expand its presence in VietnamNew Delhi: Marico on Friday said it will acquire Vietnam-based Beauty X Corporation, which owns female personal care brands 'Purit de...

FMCG brands witness uptake in winter products, hopeful of rural growth in coming qtrs

FMCG makers such as Dabur, Emami and Marico are witnessing pickup in their winter-specific products portfolio ranging from skin care products to immunity products such as chyawanprash and honeyNew Delhi: Leading FMCG makers are witnessing encouraging trends from the...

FMCG makers expect margins improvement and comeback of rural sales from Q3 as inflation eases

In the September quarter, FMCG companies reported a price-led growth in their top line. While in some segments, FMCG makers such as Britannia, Dabur and Nestle have reported volume growth as wellNew Delhi: The FMCG industry expects an improvement in...
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abCoffee: The grab-and-go Coffee revolution brewing across India

Today, the coffee chain has scaled to more than 70 outlets covering Mumbai, Delhi, Gurugram, Noida, Hyderabad, and BengaluruLaunched...
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