britannia
Britannia Industries' executive vice-chairman, Varun Berry, revealed that metropolitan cities hindered the fast-moving consumer goods (FMCG) market growth in the previous quarter.Housing cost is 22% of CPI - Varun Berry, executive BritanniaRising housing costs and lower...
Britannia Bel Foods, a joint venture between Britannia Industries Ltd. and the France-based Bel Group, has inaugurated a new local cheese manufacturing facility in Ranjangaon, Maharashtra.This͏͏ facility,͏͏ dedicated͏͏ to͏͏ producing͏͏ Britannia͏͏ The͏͏ Laughing͏͏ Cow͏͏ cheese͏͏ products,͏͏...
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No global relevance without a strong presence in India, says Danone SA CEO
Food giant Danone SA risks becoming "irrelevant as a global player" without a strong commitment to and presence in India, a rapidly growing market...
FMCG companies expect volume growth to sustain amid rising rural demand
FMCG companies anticipate continued volume growth in the coming quarters, driven by demand recovery in rural areas and a favourable monsoon, despite rising food...
Packaged food companies plan price hikes as inflation hits key ingredients
Packaged food companies Britannia, Parle Products, Mondelez, and Dabur are co͏nsider͏ing mov͏ing a͏way from t͏he͏ir͏ curr͏ent str͏at͏egy of lo͏werin͏g p͏ri͏ces a͏n͏d may i͏n͏stead ͏rai͏s͏e...
Britannia Industries sees 10.85% profit growth, reaches INR 504.88 Cr in Q1 FY25
Britannia Industries, the͏ F͏͏MCG giant, has s͏e͏e͏n a͏ ͏͏1͏͏0͏.͏85͏%͏ rise͏ in ͏con͏solid͏at͏͏ed net ͏p͏rofi͏t,͏ r͏e͏ach͏in͏g͏ I͏͏NR͏ 504.͏88 cro͏͏re for the͏ quarte͏r en͏͏d͏͏ed ͏June 202͏4.͏...
Britannia appoints ex-RBI Governor Urjit Patel, Sunil Siddharth Lalbhai as independent directors
Britannia, In͏d͏i͏a’s ͏͏reno͏w͏͏n͏e͏d ͏b͏i͏scu͏͏it mak͏er, ha͏s͏͏ a͏ppo͏͏inted ͏Dr. Urjit Patel, ͏͏͏f͏or͏mer Governor o͏͏f ͏͏t͏͏he Reserve Bank of India, and͏͏ Sunil Siddharth Lalbhai, Man͏a͏ging D͏i͏rector...
Mondelez partners with Lotus Bakeries to manufacture and sell Biscoff in India, eyes premium cookie segment growth
Mondelez, a leading snacking company, has partnered with Belgian biscuit maker Lotus Bakeries to manufacture, sell, and market Biscoff, the latter's flagship brand, in...
Legacy Reimagined: How Rahul Johar is revolutionizing India’s CPG sector with Oxbow Brands
India’s consumer packaged goods (CPG) market is undergoing a significant transformation, driven by changing consumer behaviors, technological advancements, and evolving market dynamics. At the...
FMCG giants like Nestle, ITC, and Tata Consumer embrace premiumization with innovative strategies
For the first time, Nestle India, a packaged foods manufacturer, is planning to recruit tasters and connoisseurs of premium foods for its soon-to-be-launched super-premium...
FMCG companies to face muted demand in June quarter, recovery likely in H2
The demand for daily groceries, essentials, and household products is expected to be muted in the current quarter, according to global research firm Kantar....
Britannia expects commodity price uptick post-elections, eyes double-digit growth despite margin erosion
Commodity prices may see an uptick post-elections, according to Britannia's Executive Vice-Chairman and Managing Director, Varun Berry. He noted that this increase could particularly...
Britannia ramps up distribution network, reaches 27.9 Lakh outlets in FY24
Britannia Industries, the bakery food company, has significantly expanded its distribution network, reaching approximately 27.9 lakh outlets directly and has added around 2000 rural...
FMCG sector eyes monsoon and elections for growth, says Britannia MD
Fast-moving consumer goods (FMCG) have observed a marginal uptick in sales volume growth, as highlighted by Varun Berry, executive vice-chairman and managing director of...