Consumer goods
Reliance Industries Limited (RIL) has established an R&D centre to develop and test products in its consumer goods division, focusing͏͏ on͏͏ the͏͏ food,͏͏ home,͏͏ and͏͏ personal͏͏ care͏͏ categories.͏͏ The͏͏ company͏͏ is͏͏ also͏͏ experimenting͏͏ with͏͏ nano͏͏ factories͏͏...
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 stocking. This indicates a turnaround from the recent slowdown, according to industry...
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Reliance to inject INR 3,900 Cr into FMCG division to boost market share
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...
Consumer goods giants boost influencer marketing to drive brand visibility and engagement
Consumer goods companies like Hindustan Unilever (HUL), Dabur, and Godrej Consumer Products (GCP) are in͏ten͏sif͏͏y͏in͏g͏͏ the͏ir influencer marketing ͏eff͏o͏rts to en͏hance͏ custo͏mer enga͏gement͏͏, ͏b͏ran͏d...
India emerges as key growth market for packaged goods giants amid China’s slow recovery
India is emerging as a k͏ey͏ ͏focus for PepsiCo, Unilever, and other packaged goods giants ͏seekin͏g ͏to capit͏alise on ͏the ͏growth opp͏ortunities le͏ft͏ by...
New budget expected to boost demand for consumer goods
T͏h͏e 2024 budget’s em͏phasi͏s͏ on͏͏ i͏nf͏ra͏͏str͏͏uctu͏͏͏re͏, ru͏͏r͏al i͏͏nv͏͏es͏tme͏nts,͏ and͏ ͏tax ͏sa͏ving͏s͏ ͏is expec͏t͏e͏d to͏ boost r͏ural͏͏ ͏͏demand—v͏͏͏i͏͏t͏a͏l fo͏r ͏t͏͏͏he͏͏͏͏ c͏͏o͏ntinue͏͏d͏ recov͏e͏r͏y of͏͏ ͏packaged consumer...
Lifelong Online enters baby care market with innovative product lineup
Lifelong Online, a prominent Indian e-commerce brand specializing in consumer goods, has expanded its horizons into the thriving baby care sector by introducing a...
Uneven rainfall affected rural demand: Hindustan Unilever chairman Nitin Paranjpe
Hindustan Unilever reported a robust performance in last fiscal year despite facing a challenging macroeconomic environment characterized by erratic rainfall and subdued agricultural output,...
Danone India appoints Shashi Ranjan as its managing director
Danone, a leading company in the food and beverage industry, has announced the appointment of Shashi Ranjan as the managing director for Danone India,...
Intense competition dents profits: Gillette India’s Q3 earnings dip by nearly 4%
Gillette India saw a nearly 4% decline in third-quarter profits due to intense competition in the domestic market, which subdued demand.Gillette India, renowned for...
Nestle India sets sights on 6 Million touchpoints, focusing on volume growth
Nestle India is intensifying its efforts to boost volume growth in the face of an inflationary market. The company has announced plans to further...
Consumer goods prices hold steady despite recent reductions; raw material inflation hints at future price hikes
Consumer goods prices are still elevated compared to two years ago, even though companies have reduced prices on the majority of products in home,...
Rising inflation and shifting consumer preferences drive major brands to prioritize premium products over mass market offerings
The allure of the 'bottom of the pyramid' appears to be waning for major consumer goods manufacturers. Over the past two years, they've introduced...
Consumer goods giants scale back B2B sales to ensure fair play for distributors
Leading consumer goods companies Britannia, Dabur, Amul, and Parle are restricting sales to organized wholesalers such as Flipkart Wholesale, Udaan, and Reliance Cash and...