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FMCG market in India

FMCG

Improving macro-indicators, good monsoon to drive consumer demand for FMCG products

PTI -
The industry expects a mid-to-high-single-digit growth in value/volume in the January-March period, along with a continuation of the gross margins expansion trend, helped by deflation in input cost New Delhi: Leading industry players expect improving macro-indicators and expectations of good...
FMCG

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

PTI -
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 quarters New Delhi: Fast-moving consumer goods...
FMCG

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

PTI -
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...
FMCG

Good recovery in rural markets, hopeful to grow at par with urban in next 3-4 quarters: Dabur CEO

PTI -
The recovery from the rural market is likely to continue despite a disruption in rain in some parts of the country, led by factors such as hike in MSP, good sowing of winter crops, and election season New Delhi: Home-grown...
FMCG

Marico net profit rises 17% to Rs 360 crore, revenue falls maginally to Rs 2,476 crore in Q2

PTI -
Total expenses of Marico, which owns brands like Saffola, Parachute, and Livon, stood at Rs 2,038 crore during the September quarter of the financial year 2023-24 New Delhi: Home-grown FMCG major Marico Ltd on Monday reported a 17.26 per cent...
FMCG

Rural recovery for FMCG companies takes a pause amid food inflation, uneven rains

PTI -
FMCG makers like HUL, ITC and Nestle have expressed concerns over uneven rains, the impact of crop output and rising prices of some commodities such as wheat, maida, sugar, potato, coffee, etc  New Delhi: The FMCG industry has witnessed a...
FMCG

Nestle India enters into millets-based Ready-to-Make category

PTI -
The company has introduced a+ masala millets containing bajra in the select market of NCR and online but has plans to expand it to other markets as it scales up New Delhi: FMCG maker Nestle India has entered into the...
Retail

Soaring tomato prices made veg thali dearer by 28% in July as compared to June: Report

PTI -
The inflation in the thalis is largely driven by the 233 per cent jump in tomato prices to Rs 110 per kilogramme in July from Rs 33 in June Mumbai: Preparing a 'vegetarian thali' got dearer by 28 per cent...
Finance & Funding

Chips brand Beyond Snack bags $3.5million in its latest funding round

Indiaretailing Bureau -
Beyond Snack will deploy the new fund infusion to accelerate its expansion and drive further innovation in the snacks market Bengaluru: Banana chips brand Beyond Snack has secured an investment of $3.5 million from Nabventures Fund, a venture growth equity...
FMCG

Bikaji Foods International acquires 49% stake in Bhujialalji

Indiaretailing Bureau -
Subsequent to the acquisition, Bhujialalji Private Limited will become an associate to the company Mumbai: Bikaji Foods International Ltd. has acquired a 49% stake and 396 Compulsorily Convertible Debentures (CCDs) in Bhujialalji Pvt. Ltd., an upcoming company in the ethnic...
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In FocusIndiaretailing Bureau -

The Role of Mixed Reality (MR)  in Retail

A look at the different use cases of Mixed Reality (MR) in Retail and how this emerging technology possesses...
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