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FMCG sector to experience subdued growth until September quarter in 2024: Kantar
The FMCG sector is anticipated to experience modest growth throughout 2024 until the September quarter, as indicated by Kantar, a research and insights firm....
FMCG companies boost production of affordable snacks and beverages ahead of general elections, anticipating surge in demand
Consumer goods companies are ramping up their inventory of small packs of biscuits, bhujias, chips, packaged water, and beverages priced at INR 5 and...
Surplus in global tea market to impact Indian tea prices and exports
The global tea market is facing a surplus of 100 million kilograms of tea, which could have repercussions on Indian tea prices and exports...
Flipkart challenges Zepto and Blinkit with quick commerce expansion
The quick commerce sector is all set to heat up once again as India’s e-commerce giant is now eyeing the segment. Flipkart has started...
From scoops to sundaes: Ice cream sales set to soar 15-20% this summer
Sales of ice creams and dairy products are set to see a notable uptick this summer, with a projected 15-20% increase on the horizon...
Parineeti Chopra-backed personal care startup Clensta hits INR 100 Crore annual run rate, aims for INR 1,000 Crore milestone in three years
Clensta, a personal care products start-up backed by actress Parineeti Chopra, has reached an annual run rate (ARR) of INR 100 crore in FY24,...
Gopal Snacks IPO subscribed 56% on first day; retail investors lead with 88% subscription
The initial public offer of Gopal Snacks was subscribed 56 per cent on the first day of bidding on Wednesday.The Initial Public Offer (IPO)...
Fashion retailers slash discounts amidst subdued demand and low inventory
Leading fashion and apparel retailers are adjusting their discount strategies amidst subdued demand and significantly reduced inventory levels, as stated by chief executives. This...
No rush to expand categories, grocery remains primary focus: BigBasket CEO Hari Menon
BigBasket, the online supermarket owned by Tata Digital, emphasized that it isn't in a hurry to expand its range of products. Its primary focus...
D2C brands biggest disruptions to FMCG players, says Marico Founder Harsh Mariwala
Harsh Mariwala, the Founder of Marico, believes that Direct-to-Consumer (D2C) brands are the primary disruptors of FMCG companies.“Entry barriers in terms of distribution, and...
Swiggy & IRCTC join forces to offer food delivery service on trains
Swiggy, the food delivery platform, has announced a partnership with the Indian Railway Catering and Tourism Corp (IRCTC) to deliver pre-ordered meals to travelers...
Mondelez International invests in Spanish startup Pack2Earth for sustainable packaging solutions
Mondelez International has made an investment in Pack2Earth, a startup based in Spain focused on the development of "bio-based" packaging.The snacks giant participated in...