FMCG
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Kiranas grapple with surplus: Pre-Diwali orders linger on shelves, prompting cutbacks in fresh FMCG orders
In November, orders placed with fast-moving consumer goods companies by kiranas or local neighborhood stores, which account for over 85% of their sales, experienced...
Wipro Consumer Care – Ventures launches second fund of INR 250 Crore to boost consumer startups
Wipro Consumer Care - Ventures, the venture funding division of Wipro Consumer Care and Lighting, announced on Saturday the initiation of its second fund,...
Festive season falls flat for FMCG sector, leaving distributors with surplus stocks
The national federation of fast-moving consumer goods distributors has reported that subdued demand during the festive season has resulted in distributors struggling with surplus...
Indian specialty coffee brand Blue Tokai eyes 130 outlets and new overseas markets
Blue Tokai, an Indian specialty coffee brand, aims to increase its footprint to 130 outlets by the end of the financial year. The company...
Eyeing revival, FMCG companies turn focus back to kirana stores
Sales of fast-moving consumer goods in kirana stores or traditional shops have decelerated, according to chief executives of companies like Marico, Dabur, Emami, and...
Rage Coffee gears up for global expansion, set to open kiosks and strengthen market presence
FMCG brand Rage Coffee is gearing up to extend its reach in international markets while also enhancing its presence in modern trade outlets across...
PriyaGold diversifies into the D2C market with new website launch
On Thursday, FMCG major PriyaGold announced its entry into the Direct-to-Consumer (D2C) space with the launch of its website.In a statement, PriyaGold said its...
Honasa Consumer soars with a 93% YoY profit surge, reaching INR 29.4 Crore in the September quarter
Honasa Consumer reported a remarkable 93% year-on-year increase in its net profit, reaching INR 29.4 crore for the September quarter of the financial year...
Sunpure diversifies into the packaged jaggery market with new products
Sunpure, South India’s largest edible oil brand, has announced its foray into a new product category with the introduction of packaged jaggery. The newly...
DS Group expands Swiss luxury chocolate brand Läderach’s online operations to Mumbai
The DS Group, a distinguished multi-business corporation and prominent FMCG conglomerate, has strategically initiated Läderach's online operations in Mumbai. This move strengthens Läderach India's...
Annapurna Swadisht aims for revenue doubling, targets INR 300 Crore in FY23-24 with strategic expansion into biscuits and noodles
On Sunday, Annapurna Swadisht Ltd announced its goal to achieve a revenue doubling in the fiscal year 2023-24, surpassing INR 300 crore. The company...
Eyes on South India: Dabur to unveil new facility amid doubling of business in the region
Dabur, a prominent manufacturer of FMCG and ayurvedic products, is aiming to establish a new facility in South India within the next year. This...