FMCG
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WayCool Foods implements second wave of layoffs, 70 employees affected
Chennai-based WayCool Foods has reportedly let go of at least 70 employees over the past month, marking the second round of layoffs at the...
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...
FMCG giants roll out budget-friendly digital packs, targeting mass market
FMCG companies are now introducing digital or e-commerce-centric product packages at more affordable prices, aiming at the mass market with tailored offerings. This marks...
Citi Research bullish on Mamaearth, projects 24% upside potential with ‘buy’ rating
Brokerage firm Citi Research has started covering Honasa Consumer Ltd, the parent company of D2C unicorn Mamaearth, giving it a ‘buy’ rating. The firm...
Amul to celebrate golden jubilee on Thursday, discuss vision for next 25 years: GCMMF Chief
On Thursday, Prime Minister Narendra Modi will participate in the golden jubilee festivities of the Gujarat Cooperative Milk Marketing Federation (GCMMF), renowned for its...
FMCG demand in India faces continued decline, Kantar predicts further downturn
The demand for daily groceries, essentials, and household products is projected to deteriorate over the next few quarters in India, according to global research...
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...
Marico’s Saffola introduces four exciting gourmet flavors to its oats range, catering to diverse palates and preferences
Marico, a prominent FMCG company in India, has introduced four exciting gourmet-style flavors in its flavored Oats range under its flagship brand – Saffola....
FMCG market growth set to rebound next fiscal year, says Godrej Consumer Products CEO
The FMCG market growth rate is expected to improve next fiscal year, according to Sudhir Sitapati, Managing Director and Chief Executive Officer of Godrej...
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...
Amway India names Rajneesh Chopra as new Chief
Amway India, a prominent FMCG direct selling enterprise, has named Rajneesh Chopra as its newest Chief Executive for India. Chopra transitions from his role...
Emami delivers robust Q3 performance: Posts 12% growth in PAT to INR 261 Crore
Emami Ltd, a leading FMCG company, announced a notable 11.88% increase in consolidated net profit, reaching INR 260.65 crore for the December quarter of...