FMCG
Breaking News
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,...
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...