FMCG
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Adani Wilmar eyes expansion with $1 Bn fund to acquire three food brands in India
To bolster its position in India's growing packaged consumer goods market, Adani Wilmar is set to acquire three food companies, supported by a substantial...
Tata Consumer Products completes merger of three wholly-owned subsidiaries
FMCG giant Tata Consumer Products Ltd (TCPL) has merged its three wholly-owned subsidiaries after receiving approval from the NCLT and other regulatory bodies. The...
Gifting becomes costlier this festive season as nut prices reach new heights
Gifting a box of kaju katli or nuts will be pricier this festive season, with cashew prices rising up to 80% in the past...
Raymond Lifestyle to add 900 stores in 3 years, eyes 12-15% sales growth
Raymond Lifestyle is planning to add 900 new stores over the next three years, with expectations of 12-15% annual sales growth and 18-20% operating...
Greenday’s FMCG brand Better Nutrition taps MasterChef Pankaj Bhadouria as investor
Agritech startup Greenday’s FMCG brand Better Nutrition has roped in MasterChef Pankaj Bhadouria as an investor and culinary advisor. This comes just a month...
FMCG maker Emami’s net profit jumps 36% in Q1 despite challenges in Bangladesh
FMCG maker Emami Ltd faced turbulence due to geopolitical tensions in Bangladesh last month, but CEO NH Bhansali indicated that the overall impact on...
FMCG firm GRM Overseas acquires 44% stake in Rage Coffee
GRM Overseas, a listed FMCG, has acquired a 44% stake in Rage Coffee. This strategic investment will be in Swmabhan Commerce Pvt Ltd, the...
E-commerce overtakes brick-and-mortar in high-value goods, quick commerce eyes next frontier
The traditional touch-and-feel retail experience, where customers prefer to inspect products physically before buying, is now being overshadowed by e-commerce. Despite e-commerce’s rapid growth...
India only APAC market with double-digit growth in FMCG and tech durables through modern trade: NielsenIQ Report
India is the sole country in the Asia-Pacific region where modern trade channels in FMCG and tech durables are consistently achieving double-digit growth, driven...
Indian consumers stick with retail chains despite e-commerce boom
Despite the growth of e-commerce, Indian consumers continue to shop at retail chains for premium products and during major sales or festive seasons, a...
Rural demand in FMCG sector set to grow further in the coming quarters: Axis Securities
The Fast-Moving Consumer Goods (FMCG) sector in India remains robust and adaptable, showing top-line growth in Q1FY25 mainly due to a continued resurgence in...
GRM Overseas ropes in Salman Khan as brand ambassador for 10X basmati rice and atta
GRM Overseas, a listed FMCG company, has signed Bollywood actor Salman Khan as the brand ambassador for its 10X basmati rice and wheat flour...