FMCG
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Nestlé India collaborates with SOCIAL and BOSS Burger to debut MAGGI’s plant-based menu across major cities
Nestlé India has collaborated with restaurant chains SOCIAL and BOSS Burger to launch a test phase for MAGGI Professional's plant-based product range. This lineup...
Interim Budget 2024 sets the tone for inclusive development, FMCG executives optimistic
Executives representing leading FMCG companies have praised the Interim Budget 2024, displaying confidence in the government's commitment to fostering inclusive and sustainable growth for...
Interim budget 2024 falls short on immediate rural consumption revival, companies pin hopes on long-term impact through rural housing and post-harvest initiatives
Consumer goods companies have indicated that, while the interim budget may not promptly initiate a consumption revival, an enhanced emphasis on rural housing and...
Adani Wilmar’s Q3 profit slides 18% YoY to INR 201 Crore; revenue witnesses a 17% decline
On Wednesday, Adani Wilmar, the FMCG division of the Adani Group, reported an 18% decrease in its profit for the December quarter on a...
Dabur India’s Q3 profit rises 6.2% to INR 506.44 Cr, records 7% revenue growth at INR 3,255.06 Cr
Dabur India Ltd, a prominent homegrown FMCG company, announced a 6.24% rise in its consolidated net profit, reaching INR 506.44 crore for the third...
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...