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Tuesday, October 15, 2024

FMCG

KLF Nirmal Industries eyes INR 260 Cr revenue with new coconut-based innovations

Exclusives
KLF Nirmal Industries, an 80-year-old family-run business specialising in coconut oil and coconut products, is setting its sights on a revenue target of INR...

FMCG sales surge this quarter driven by strong rural recovery and easing inflation

FMCG
Consumer goods firms are experiencing notable sales growth this quarter compared to July-September 2023, driven by a normal monsoon, lower inflation, and robust festive...

Marico aims to double food business by FY27 with focus on innovation and distribution expansion

FMCG
FMCG giant Marico aims to enhance its presence in current categories while leveraging innovations to double its food business by FY27. The͏͏ company͏͏ anticipates͏͏...

FMCG giant BL Agro sets sights on INR 20,000 Cr turnover by 2030

FMCG
BL Agro Group, an FMCG company, is aiming for a turnover of INR 20,000 crore by 2030, focusing on sustainability, innovation, and community upliftment,...

Adani, Wilmar to initiate stake sale in joint venture next month

FMCG
Adani Enterprises Ltd. and Wilmar International Ltd. are likely to initiate the sale of a minority stake in their consumer joint venture, Adani Wilmar...

Reliance Retail to transfer FMCG brands to RCPL to accelerate growth

FMCG
Reliance Retail plans to move its FMCG brands, including Campa and several popular private labels, to its newly established FMCG division, Reliance Consumer Products...

GQG Partners acquires 1.24% stake in Patanjali Foods for INR 834.3 Cr

FMCG
Rajiv Jain-led GQG Partners has raised its stake in Patanjali Foods by acquiring over 4.5 million shares, or 1.24% of its equity, for INR...

Global FMCG companies boost efforts to capture India’s expanding market

FMCG
Global FMCG companies are refining their strategies for India, aiming to expand their operations and broaden their presence in this key emerging market. ͏Coca-Cola Adopts...

Reliance to inject INR 3,900 Cr into FMCG division to boost market share

FMCG
Reliance is planning to inject up to INR 3,900 crore into its FMCG division through a combination of equity and debt. This investment is...

India only APAC market with double-digit growth in FMCG and tech durables through modern trade: NielsenIQ Report

News
India is the sole country in the Asia-Pacific region where modern trade channels in FMCG and tech durables are consistently achieving double-digit growth, driven...

Rural demand in FMCG sector set to grow further in the coming quarters: Axis Securities

News
The Fast-Moving Consumer Goods (FMCG) sector in India remains robust and adaptable, showing top-line growth in Q1FY25 mainly due to a continued resurgence in...

FMCG companies expect volume growth to sustain amid rising rural demand

News
FMCG companies anticipate continued volume growth in the coming quarters, driven by demand recovery in rural areas and a favourable monsoon, despite rising food...
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