FMCG
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Dabur plans to double F&B business, expecting massive boost in healthcare and home care sales
Dabur India, a domestic producer of fast-moving consumer goods (FMCG), has set its sights on achieving sales of INR 5,000 crore from its healthcare...
Unilever invests $20.8 Million to boost ramen noodle production in Poland, focusing on automation and sustainability
Unilever has committed to enhancing its Poland-based food manufacturing facility located in Poznań, with a focus on boosting production for its ramen noodles brands.The...
FMCG giant BL Agro invests INR 500 Cr in agritech startup Leads Connect for strategic expansion
Leads Connect, a prominent agritech startup with a comprehensive approach, has recently secured a substantial investment of INR 500 crore (equivalent to $62.5 million)...
Marico’s COO Sanjay Mishra resigns, leadership changes announced
On Monday, Marico, a leading player in the FMCG (Fast-Moving Consumer Goods) industry, announced that Sanjay Mishra, currently serving as the Chief Operating Officer...
FMCG sales hit a slump in August as traders exercise caution in inventory management due to poor rainfall
In August, India witnessed an 8.4% decline in the value of its fast-moving consumer goods (FMCG) sales compared to the previous month. This drop...
Italy’s FMCG associations unite to tackle food inflation with price reduction initiatives
FMCG organizations in Italy have formally communicated their intention to the government, urging their food manufacturer members to implement significant price reductions.In a collaborative...
HUL shifts focus to sales volume and price reduction in response to local competition
Unilever has reported that the Indian market is experiencing heightened competition from smaller players in the FMCG sector, following a decrease in raw material...
Freshey’s enters Indian bread market with delectable Malabar Parota and Whole Wheat Chapati
Freshey's, the ready-to-cook (RTC) label operating within the BrandsNext conglomerate, WayCool's flourishing FMCG division, has made an exciting debut in the Indian bread market...
Tata Consumer Products and Haldiram’s deny reports of potential stake acquisition
Tata Consumer Products Ltd (TCPL) and Halidram's jointly announced on Wednesday that they are not currently engaged in any discussions regarding the potential acquisition...
FMCG giants predict stable edible oil prices amid festive season, warn of El Nino impact next year
Executives from top fast-moving consumer goods (FMCG) companies have reassured that edible oil prices are unlikely to surge during the upcoming festive season, despite...
Marico’s strategic diversification delivers impressive results, reducing dependence on legacy brands
The Mariwala family-owned company, Marico, has successfully executed a diversification strategy aimed at reducing its reliance on two historically dominant, commodity-related brands, Parachute coconut...
ITC to invest INR 1,500 Crore in Madhya Pradesh for food manufacturing and packaging plants
On Sunday, ITC, a diversified conglomerate, announced its plans to allocate approximately INR 1,500 crore for the establishment of an integrated food production and...