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India’s consumer packaged goods sector saw balanced growth in 2023: Report

75 per cent of global growth was due to price increases in 2023New Delhi: India's consumer packaged goods (CPG) sector had a balanced growth in 2023, where retail sales value increased with volume gains, a global management consulting firm...

Focusing on competitive volume growth in India, expects price cut, says Unilever

Unilever's sales were flat in the fourth quarter as pricing turned negative, mainly driven by price reductions in fabric cleaning and skin cleansing bars due to commodity movementsNew Delhi: Multinational FMCG firm Unilever is focusing on driving competitive volume...

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...

Havmor Ice Cream opens a parlour in Nadiad, Gujarat

With the launch, the number of Havfunn parlours reaches 54 across Gujarat and 234 across India  New Delhi: Ice Cream brand Havmor has opened its first Ice Cream parlour - Havefunn in Nadiad, Gujarat, a release by the company said on...

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...

Colgate-Palmolive India Q3 profit up 35.7% to Rs 330 crore

The oral hygiene product maker had posted a net profit of Rs 243.24 crore in the year-ago periodNew Delhi: FMCG major Colgate-Palmolive India Ltd on Monday posted a 35.71% increase in net profit to Rs 330.11 crore for the...

Nature’s Basket opens flagship store in Kolkata

Spanning over 7,000 sq. ft. of retail space, the new outlet is located on the Judges Court Road, Alipore, Kolkata Bengaluru: Nature's Basket, a gourmet retail subsidiary of Spencer’s Retail, has launched its flagship store in Kolkata strategically positioned to...

Orion India announces actor Palak Tiwari as brand ambassador

Tiwari was recently featured in the company’s new commercial for the spicy flavour of Turtle Chips New Delhi: South Korean snack company Orion India announced actor Palak Tiwari as the brand ambassador for their salty product line Turtle Chips in...

Packged water brand Wahter to offer bottle at Rs 1

Wahter makes this possible by selling advertising space on its packaging New Delhi: Gurugram-based water brand Wahter is offering a 250 ml packaged drinking water bottle at Rs 1 and a 500 ml bottle at Rs 2. The brand is able...

FMCG distributors to boycott HUL products in Maha, starting with Taj Mahal Tea

The distributors further said that if the company does not pay attention to their demand, then they will boycott the Kissan brand and leading detergent brand Rin along with Taj Mahal tea brand going aheadNew Delhi: FMCG distributors demanding...

HUL receives Rs 447.5 crore GST demands and penalties

New Delhi: Leading FMCG maker Hindustan Unilever Ltd on Monday said it has received Goods and Services Tax demands and penalties totalling Rs 447.5 crore from the authorities.In a regulatory filing, HUL -- which owns brands such as Lux,...

FMCG flavours: Better volumes, rural demand revival uptick and double-digit volume growth in 2024

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: From an...

ITC’s FMCG biz grows at 14% CAGR in last 3 years, Aashirvaad becomes Rs 8,000 crore brand

Its foods business has a CAGR of 13 per cent over 10 years and 3-times growth in last 10 yearsNew Delhi: Diversified group ITC's FMCG business expanded at a compounded annual growth rate of 14 per cent in the...

Wipro Consumer acquires 3 soap brands from VVF

This is the third acquisition by Wipro Consumer Care and Lighting, part of Azim Premji-led Wipro EnterprisesNew Delhi: Wipro Consumer Care and Lighting on Tuesday announced the acquisition of three soap brands, Jo, Doy, and Bacter Shield, from VVF...

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Zara debuts at Ahmedabad

The store spread over an area of 27,000 sq. ft. at Palladium Ahmedabad is Zara’s second store in GujaratNew...
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