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FMCG giants boost advertising spend, surpass pre-Covid levels amid economic boom
In the December quarter, advertising expenses as a proportion of sales at leading fast-moving consumer goods (FMCG) companies exceeded pre-Covid levels for the first...
Indian retail sector on track for $2 Trillion growth by 2030, Dabur CEO highlights shifting trends and tech integration
In the coming years, the Indian retail industry is set for significant growth, as emphasized by Mohit Malhotra, CEO of Dabur. He anticipates its...
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...
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...
Consumer goods giants double down on India investments despite downturn, banking on demand resurgence
Several major consumer goods corporations such as Nestle, Dabur, Coca-Cola, Mondelez, and Procter & Gamble are planning significant investments in India to expand production...
FMCG firms optimistic about rural recovery amid macroeconomic improvements
Major FMCG firms are placing their bets on a gradual resurgence in rural demand for the current year, fueled by improving macroeconomic conditions, sustained...
Quick-commerce giants grab 30-50% of FMCG sales, kirana stores witness slowdown
In the last quarter of 2023, around 12 million local grocery stores in India observed a significant slowdown in sales. Meanwhile, quick-commerce companies not...
FMCG firms maintain steady growth with single-digit volume increase and improved margins in December quarter
During the December quarter, Fast-moving consumer goods (FMCG) firms experienced single-digit volume growth and enhanced margins across various segments. This positive trend was facilitated...
Dabur announces INR 135 Crore investment for new greenfield facility in South India
Consumer goods manufacturer Dabur announced on Wednesday its plans to establish a new manufacturing unit in south India, with a slated investment of INR...
Consumer goods companies ramp up advertising and promotional efforts, capitalizing on improved margins and market opportunities
Consumer goods companies are intensifying their advertising and promotional spending in the next few quarters, aided by the improvement in gross margins over the...
Marico reports dip in Q3 revenue amid weakened rural demand, but sees double-digit profit growth
Marico, the consumer products maker, reported on Friday that its consolidated third-quarter revenue dipped in the low single digits due to weakened rural demand....
Dabur anticipates mid to high single-digit growth in Q3, fueled by robust performance in foods and beverages sector
Consumer goods manufacturer Dabur announced in its third-quarter update on Thursday that it anticipates a mid to high single-digit growth in consolidated revenue, showing...