FMCG
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Lotte Wellfood to Invest INR 200 Crore in new manufacturing unit in Haryana, eyeing expansion and premium brand positioning
Lotte Wellfood, a Korea-based FMCG company, has announced its plan to set up a new manufacturing unit in Haryana for the production of Lotte...
Hindustan Coca-Cola Beverage’s Karnataka plant becomes first carbon-neutral facility in India and Southwest Asia
Hindustan Coca-Cola Beverage Pvt Ltd, a prominent FMCG company in India, announced on Wednesday that its bottling facility in the Bidadi Industrial Area in...
FMCG companies anticipate inflation-focused measures in upcoming budget to boost consumption and rural growth
Despite the early signs of recovery, the FMCG industry faced significant inflationary pressures, especially in the mass consumption segment. In anticipation of the February...
ITC Q3 net profit surges 6.5% to INR 5,400.52 Crore; revenue records 2.43% growth
Diversified entity ITC Ltd on Monday reported a 6.51% surge in its consolidated net profit for the December 2023 quarter, totaling INR 5,400.51 crore....
Marico reports a 16% surge in net profit, reaching INR 386 Crore in Q3 FY24
Marico Limited, a leading name in the Fast-Moving Consumer Goods (FMCG) industry, reported a robust financial performance on Monday. The company posted a notable...
Sustainable baby care brand Moms Home raises INR 5 Crores in Pre-Series A funding Led by Mistry Ventures for expansion and innovation
Moms Home, a Jaipur-based sustainability-focused startup, has recently secured INR 5 Crores in a Pre-Series A funding round led by Mumbai-based VC firm Mistry...
ITC leverages AI for spotting consumer trends and driving innovative product development
ITC Limited, a prominent player in the Fast-Moving Consumer Goods (FMCG) sector, is harnessing the power of Artificial Intelligence (AI) to enhance its product...
India’s consumer market sees contrasting trends: Premium brands soar as mass-market products struggle to keep pace
Hindustan Unilever and United Spirits collectively showcase a juxtaposition that appears to underscore the prevailing purchasing patterns in India's consumer market. While premium brands...
HCCB and Y4D Foundation join forces to introduce Drinking Water ATM in Nalbari, Assam
In a significant leap towards community welfare and sustainable water security, Hindustan Coca-Cola Beverages Private Limited (HCCB), a leading FMCG company in India, has...
FMCG giants spice up instant noodle portfolios as Indian consumers crave K-noodles
The popularity of Spicy Ramen from South Korea is rapidly increasing in India, surpassing the demand for instant noodles. Following the success of South...
Hindustan Unilever signals cautious optimism in Q3 results, expects sustained recovery in market demand
Hindustan Unilever, a leading player in consumer goods, expressed cautious optimism during the announcement of its third-quarter results. The company anticipates a sustained recovery...
BL Agro announces INR 500 Crore investment in Telangana, signs MoU with govt to establish manufacturing unit for Nourish brand products
BL Agro is set to invest INR 500 crore in Telangana and has signed an initial agreement with the state government to establish a...