Sunday, December 22, 2024

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.ThisÍŹÍŹ facility,ÍŹÍŹ dedicatedÍŹÍŹ toÍŹÍŹ producingÍŹÍŹ BritanniaÍŹÍŹ TheÍŹÍŹ LaughingÍŹÍŹ CowÍŹÍŹ cheeseÍŹÍŹ products,ÍŹÍŹ...

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 coÍŹnsiderÍŹing movÍŹing aÍŹway from tÍŹheÍŹirÍŹ currÍŹent strÍŹatÍŹegy of loÍŹwerinÍŹg pÍŹriÍŹces aÍŹnÍŹd may iÍŹnÍŹstead ÍŹraiÍŹsÍŹe...

Britannia Industries sees 10.85% profit growth, reaches INR 504.88 Cr in Q1 FY25

Britannia Industries, theÍŹ FÍŹÍŹMCG giant, has sÍŹeÍŹeÍŹn aÍŹ ÍŹÍŹ1ÍŹÍŹ0ÍŹ.ÍŹ85ÍŹ%ÍŹ riseÍŹ in ÍŹconÍŹsolidÍŹatÍŹÍŹed net ÍŹpÍŹrofiÍŹt,ÍŹ rÍŹeÍŹachÍŹinÍŹgÍŹ IÍŹÍŹNRÍŹ 504.ÍŹ88 croÍŹÍŹre for theÍŹ quarteÍŹr enÍŹÍŹdÍŹÍŹed ÍŹJune 202ÍŹ4.ÍŹ...

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...

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...

Recent articles