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FMCG makers expect single-digit revenue growth, margin improvements in April-June quarter

Rural demand continues to see gradual but slight green shoots as real rural wages remain mutedNew Delhi: Fast-moving consumer goods companies expect single-digit volume growth along with expansion in margins during the April-June quarter of this fiscal, helped by...

FMCG sector expected to see 7-9% revenue growth in FY25, helped by a recovery in rural markets: Crisil

The F&B segment accounts for nearly half of the sector's revenue while PC and HC segments form a quarter eachNew Delhi: The fast-moving consumer goods (FMCG) sector is expected to see a revenue growth of 7 to 9% this...

Rise in value-seeking customers, key FMCG sectors face tampering of growth: Report

A large section of customers across sectors reported that replacement purchases would be a significant driver for purchases in FY25New Delhi: Certain sectors including beauty products, personal care, consumer electronics and consumer durables may face a tempering of growth,...

FMCG sector to have sustained growth rate of 7-9% in 2024: Report

Online sales channel for FMCG is also increasing and has been valued at Rs 1.7 lakh croreNew Delhi: The FMCG sector is expected to have a sustained growth rate of 7-9 % in 2024, supported by government initiatives to...

Amul looks to expand products range in US market

GCMMF has launched four variants of milk in the US to cater to the Indian diaspora and Asian populationNew Delhi: Gujarat Cooperative Milk Marketing Federation, which markets dairy products under the Amul brand, is looking to expand its product...

Rural India a ‘bright star’ for FMCG sales; will continue to outpace urban expansion in Q2 of 2024: Kantar

This growth in the rural areas is helped by region-centric measures by the government in the interim budget earlier this yearNew Delhi: Rural India remains a "bright star" for the growth of fast-moving consumer goods sales and the region...

Coca-Cola introduces recycled PET bottles in affordable segment

The company has launched Coca-Cola in ASSP with rPET in 250 ml bottlesNew Delhi: Beverage major Coca-Cola India on Wednesday announced introduction of recycled PET bottles (rPET) in the affordable small sparkling package segment.The company has launched Coca-Cola in ASSP...

Former Sri Lanka cricketer Muralitharan to invest Rs 1,400 cr in beverages unit in K’taka

The project, initially planned with an investment of Rs 230 crore, has now been revised to a total of Rs 1,000 croreNew Delhi: Sri Lanka cricket legend Muttiah Muralitharan will invest a total of Rs 1,400 crore in phases...

India largest market for Nestle’s Maggi worldwide, 2nd biggest for KitKat

Nestle is expanding its play under brand Maggi and has launched Oats Noodle, Korean Noodles and various masala variants at an affordable Rs 10New Delhi: India has become the largest market for Nestle globally for its instant noodles and...

India one of fastest-growing markets globally for Nestle, to focus on innovations

The sales of innovation products have been more than 6% in 2023 for Nestle IndiaNew Delhi: India is one of the fastest growing markets for the Swiss global food & beverage major Nestle, where its local subsidiary has delivered...

TCPL aims to double capex to Rs 785 cr in FY25: Chairman N Chandrasekaran

The company is aspiring to become a full-fledged FMCG company with plans to enter new categoriesNew Delhi: Tata Consumer Products Ltd. is aiming to become a full-fledged FMCG company with plans to enter new categories and has more than...

Nestle India to pay 4.5% royalty to parent firm after shareholders reject hike

The shareholders rejected the proposal last month with 57.18% of the total votes against the ordinary resolution and 42.82% of the votes in favourNew Delhi: FMCG major Nestle India on Wednesday said it will continue to pay royalty to...

Whirlpool of India and HUL enter collaboration to market Surf Excel

The integration of innovative technologies from both brands will help in delivering superior fabric careNew Delhi: Appliance and washing machine maker Whirlpool of India and Hindustan Unilever Ltd (HUL) on Wednesday announced a new marketing alliance for Surf Excel,...

HUL appoints Arun Neelakantan as Executive Director, Customer Development

The changes would be effective from July 1, 2024New Delhi: Leading FMCG maker Hindustan Unilever Limited (HUL) on Thursday announced the appointment of Arun Neelakantan as Executive Director, Customer Development.Neelakantan (43) will be taking over from Kedar Lele, who...

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Myntra BFF expects 1.6 fold increase in traffic over BAU

Myntra's Big Fashion Festival (BFF) sale event is set to kick off on 26 September, with early access available...
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