FMCG
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Ayodhya becomes hub for FMCG companies and food service chains ahead of Ram temple consecration
FMCG companies and food service chains are actively flocking to Ayodhya ahead of the Ram temple consecration on January 22. They project an 8-10-fold...
FMCG companies in India expected to face slow topline growth in Q3, with soft volume growth
Fast-moving consumer goods (FMCG) companies in India are anticipated to experience sustained challenges in the October-December quarter. This is likely to be reflected in...
Rising competition spurs FMCG firms to strengthen rural distribution networks
Major FMCG companies are intensifying their focus on direct distribution in rural markets, especially when rural consumption trends continue to trail behind urban consumption....
Hindustan Unilever faces INR 447.5 Crore GST demands and penalties from five states
Hindustan Unilever Ltd, a leading FMCG manufacturer, has received GST demands and penalties totaling INR 447.5 crore from authorities in five states. In a...
ITC ramps up cloud kitchen operations, targets major Indian cities
ITC plans to scale up the cloud kitchen business it has been piloting in Bengaluru. The conglomerate, renowned for offering North Indian lunch and...
Hindustan Unilever’s margin restructuring sparks discontent among FMCG distributors in India, AICPDF labels move as ‘draconian agenda’
FMCG (Fast-Moving Consumer Goods) distributors in India express dissatisfaction and resist Hindustan Unilever's (HUL) changes to their margin structure. They claim that the FMCG...
Amazon and Flipkart’s ad revenue hits INR 8,705 Crore in FY23, reflecting a 39% upswing
Ecommerce giants Amazon and Flipkart saw a notable 39% surge in their combined advertising revenue, amounting to INR 8,705 crore for the fiscal year...
Tata Coffee to merge with Tata Consumer Products and TCPL Beverages on January 1
Tata Coffee's amalgamation with Fast Moving Consumer Goods (FMCG) entity Tata Consumer Products Ltd (TCPL) and TCPL Beverages & Foods is set to take...
After a challenging year, consumer goods sector sets sights on robust recovery in 2024
Feeble consumer sentiment and subdued demand dominated the narrative for producers of packaged consumer goods in 2023. However, the forthcoming year presents optimism, anticipating...
Spice brand Pushp secures INR 100 Crore funding from Sixth Sense Ventures
Sixth Sense Ventures, the consumer-focused fund that has supported companies like Bira91, Vahdam Teas, and Veeba Foods, has infused INR 100 crore into the...
FMCG companies anticipate volume recovery in next fiscal despite lingering inflation, banking on strategic price cuts
Prices of edible oil, a category that witnessed the most significant inflation in the consumer basket following the Covid pandemic, have decreased by 13-30%...
ITC aims for double-digit market share in smoothies and milkshakes, expanding reach beyond airports
ITC Ltd, a prominent player in the Fast-Moving Consumer Goods (FMCG) sector, anticipates achieving a double-digit market share in the smoothies and milkshake beverage...