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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...

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

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...

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

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...

Reliance to take Campa Cola to global markets, starting with Asia and Africa: Isha Ambani at RIL AGM

Reliance Retail, after acquiring Campa Cola from Pure Drinks Group for Rs 22 crore last year, re-launched it and the product is available in selected marketsNew Delhi: Reliance Retail is scaling up the production of the home-grown cola brand...

ITC Sunfeast Baked Creations pays tribute to Chandrayaan 3 mission with a special dessert

Called Lunar Dulce de Leche Choux Bun by ITC Sunfeast Baked Creations, the dessert features a velvety white rocher glazed choux bun resembling the moon and is adorned with a chocolate replica of the Chandrayaan 3 rover New Delhi: Paying tribute to the...

Dhanyam: Achieving organic growth

How Chennai-based professionals-turned entrepreneurs Madhusoodhnan K and Thendral Madhusoodhanan built and grew a profitable and popular organic retail businessBy Sanjay KumarBy early 2010, Madhusoodhanan K felt his instincts and impulses strongly drawn in the entrepreneurial direction. In April 2010,...

Nestle India shares declines over 3% post Q2 earnings announcement

The stock of Nestle India fell 3.16 per cent to Rs 22,081.75 apiece on the BSE. It was later trading at Rs 22,260.95, down 2.38 per cent over its previous closeNew Delhi: Shares of Nestle India on Thursday declined...

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

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

Marico expects food business to reach Rs 850 crore in FY24

Saffola, the master brand under which Marico offers healthier foods, has expanded the total addressable market to over Rs 10,000 crore, through a portfolio of healthy value-added offeringsNew Delhi: Home-grown fast moving consumer goods (FMCG) firm Marico expects its...

ITC’s FMCG biz records 21% rise in annual consumer spend at Rs 29,000 crore in FY23

In terms of distribution reach, ITC's products reached 230 million households in FY23, up from over 200 million households in FY22New Delhi: Diversified conglomerate ITC's FMCG business has recorded a 21 per cent rise in annual consumer spend to...
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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...
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