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Ajay Mariwala’s Food Service India looks at 30% growth for HoReCa industry in India
Food Service India, a prominent player in the India’s ever-evolving HoReCa (Hotels, Restaurants, Catering) industry, aims for a 25% to 30% growth this year....
CCI greenlights Patanjali Foods’ INR 1,100 Cr buyout of Patanjali Ayurved’s home and personal care business
The Competition Commission of India (CCI) has given the green light to Patanjali Foods' acquisition of Patanjali Ayurved's home and personal care division in...
FMCG giant Emami expects 4-5x growth in quick commerce sales over next two years
Emami, the home-grown FMCG giant, expects a four to five-fold increase in sales via quick commerce channels over the next two years, according to...
India’s E-commerce market targets $325 billion by end of 2030 with 21% CAGR – Reports
India's online shopping market is expected to grow rapidly, reaching $325 billion by 2030, with a 21% compound annual growth rate (CAGR), according to...
Blinkit’s growth is not affecting kirana stores: Zomato CEO Deepinder Goyal
Deepinder Goyal, Zomato co-founder and chief executive stated that Blinkit's fast delivery doesn't threaten local kirana stores; instead, it rivals online shopping and ecommerce...
IPO-bound Swiggy launches EV fleet for bulk orders in Gurgaon
As part of its aggressive push ahead of its public listing, the firm Swiggy has launched a bulk ordering service called Swiggy XL EV...
Adani Wilmar reports 10% volume growth in Q2, food and FMCG segment surges 31%
Adani Wilmar has reported a 10% increase in total volume during the second quarter of this financial year, while its food and FMCG segment...
Swiss chocolate brand Läderach expands in India with second exclusive store in Mumbai
Swiss luxury chocolate brand Läderach has launched its second exclusive store in India, over a year after its debut in the country.First͏͏ Store͏͏ in͏͏...
Zydus Wellness expands into adult nutrition with launch of VieMax
FMCG giant Zydus Wellness has expanded its Complan brand portfolio with the launch of VieMax, targeting the adult nutrition segment.New͏͏ Launch͏͏ Addresses͏͏ Rising͏͏ Nutrient͏͏...
FMCG firms adjust to quick commerce boom, cut distributor sales amid inventory oversupply
India's booming quick commerce sector is prompting fast-moving consumer goods (FMCG) companies to reduce sales to distributors in major cities and manage an oversupply...
Marico reports high single-digit consolidated revenue growth for July-September quarter
FMCG firm Marico Ltd reported high single-digit consolidated revenue growth for the July-September quarter. While͏͏ higher͏͏ realisations͏͏ in͏͏ the͏͏ domestic͏͏ market͏͏ supported͏͏ growth,͏͏ incremental͏͏...
Dabur’s beverage segment suffers setback as heavy rainfall affects consumer offtake
With above-normal rainfall being recorded across the country, FMCG giant Dabur announced ahead of its quarterly results for FY25 that its beverage segment has͏͏...