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FMCG companies eye price-led growth with planned hikes in consumer goods
Following a notable decrease in input material costs last year and subsequent price reductions affecting the value growth rate of the fast-moving consumer goods...
Indian consumption trends shift: Less spending on food, more on discretionary items and durable goods, new govt data reveals
According to government consumption data, Indians are reducing their expenditure on food, notably essentials like rice and wheat, while increasing spending on discretionary items...
Shift in Indian beauty market: Fairness creams witness first decline as demand swells for radiance and hydration products
Fairness creams saw a 3% decrease in volume sales in 2023 compared to the previous year, marking the first decline in their popularity, according...
Swiggy prepares for IPO with name change to Swiggy Private Limited
IPO-bound Swiggy is set to change its registered name from Bundl Technologies Private Limited to Swiggy Private Limited, following a resolution passed earlier this...
Hotel association calls for GST reform, seeks 5% rate for in-house restaurants
Hoteliers in the western region, under the banner of the Hotel And Restaurant Association (Western India) – HRAWI, have urged the government to de-link...
Mahindra Holidays explores resort expansion across multiple Indian states
Mahindra Holidays & Resorts has entered into an agreement with the Andhra Pradesh government to invest INR 500 crore in the state. Additionally, the...
D2C fashion brand The Souled Store enters Kerala market, opens first store in Calicut
The Souled Store, a Mumbai-based direct-to-consumer apparel brand, has expanded its presence into Kerala with the inauguration of its first retail store in Calicut,...
FMCG giants roll out budget-friendly digital packs, targeting mass market
FMCG companies are now introducing digital or e-commerce-centric product packages at more affordable prices, aiming at the mass market with tailored offerings. This marks...
Kerala’s food tech sector takes center stage at Dubai Investor Meet
Kerala showcased its potential in the food, ready-to-eat, and food tech sectors to investors and entrepreneurs at the 'Investor Conclave' organized by the Kerala...
Fruitoholic raises INR 25 Crores in fundraising round, gears up for expansion into new markets
Fruitoholic, the renowned fresh fruit brand, has secured a total of INR 25 Crores in a recent fundraising round comprising both equity and debt...
Haldiram’s continues expansion in Hyderabad with inauguration of 10th QSR in Begumpet
Haldiram’s, one of the most trusted and renowned brands in the Indian culinary landscape, has further solidified its presence in Hyderabad with the inauguration...
Jubilant FoodWorks ramps up Domino’s value offerings amidst QSR downturn
Jubilant FoodWorks is looking to ramp up its focus on Domino’s value offerings as the QSR sector experiences sluggishness in the dine-in segment. As...