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Tata Consumer Products’ CEO Sunil D’Souza reassures stakeholders on brand continuity amidst dual acquisitions of Capital Foods and Organic India
In an analyst call, Sunil D'Souza, the Managing Director and CEO of Tata Consumer Products Ltd, addressed concerns and reassured stakeholders that there are...
PepsiCo India rides high on in-home consumption trend, records highest product launches since 1995
PepsiCo India, a prominent player in the beverage and snacks industry, has diversified its food portfolio with several launches over the past two years....
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...
FMCG sector saw 2% growth in grocery and personal care, while non-essential products declined in 2023
Sales of groceries, household, and personal care items increased by 2% in value in 2023, a notable deceleration from the 7% growth observed in...
Tata Consumer Products to tap pharma channels with Organic India and expand Capital Foods into oriental cuisine space
Tata Consumer Products Ltd (TCPL) is now strategizing to explore pharmaceutical channels following the acquisition of Organic India. MD and CEO Sunil D'Souza stated...
Tata Consumer Products to fund Capital Foods and Organic India deals with cash reserves, bridge financing
Tata Consumer Products (TCPL) plans to finance its acquisitions of Capital Foods Ltd and Organic India Ltd, with a combined enterprise value of INR...
Taj Mahal Tea faces boycott in Maharashtra as FMCG distributors protest HUL’s margin changes
FMCG distributors demanding restoration of old margin structures from the leading maker HUL on Thursday said they would boycott its products in Maharashtra, starting...
Apis India eyes INR 500 Crore topline by FY 2024-25, unveils aggressive expansion plans in food segment
Apis India, a homegrown FMCG company, is set to expand its product portfolio in the food segment, with the ambitious goal of reaching a...
Reliance’s Campa strikes major BCCI sponsorship deal, edges out Coca-Cola and PepsiCo
Campa, a soft drink brand owned by Reliance Consumer Products, has successfully inked a multi-year agreement with the Board of Control for Cricket in...
India’s QSR and soft drink market set for robust growth in 2024, RJ Corp Chairman Ravi Jaipuria anticipates double-digit surge
The growth in the quick service restaurants (QSRs) sector has slowed down, and last year was challenging for soft drinks. The April-June quarter, contributing...
iD Fresh Food names Rajat Diwaker as India CEO, PC Musthafa assumes global leadership role
Ready-to-cook packaged food company iD Fresh Food has appointed industry veteran Rajat Diwaker as the CEO for India, with PC Musthafa taking on the...
Godrej Consumer Products reports double-digit volume growth in December quarter
On Friday, Godrej Consumer Products issued a quarterly update, affirming that the volume growth in India for the quarter ending on December 31, 2023,...