“The consumer continues to be confident but the next three months are going to be tough for FMCG and F&B sectors as the consumer starts making choices,” feels Praveen Someshwar, head – bottling operations, PepsiCo India. Someshwar shared his views while addressing the inaugural session of India’s largest food congregation Food Forum India in Mumbai.
Speaking on ‘Macro trends: How they impact food industry business,’ Someshwar further said, “Though high-end entertainment is dropping, consumers are enhancing in-home experiences. Recession is a great opportunity to invest in innovations.”
— IndiaRetailing Bureau, Mumbai