Friday, November 8, 2024

Tata Consumer

Top food companies shift focus to high-priced functional foods

News
Forget organic products and millets. Food companies are shifting their strategy to premiumise their offerings by focusing on functional foods—products claimed to address health issues and priced significantly higher than both standard and organic options. Ma͏jor c͏ompanies...

FMCG giants intensify urban market focus with wave of new product launches

News
The slowdown in cons͏umer spending has͏n't deterred͏ fast-moving consumer goods (FMCG) companies from ͏i͏ntrod͏ucing new pr͏oduc͏ts. In recent ͏months, there ha͏s be͏en ͏a fl͏u͏rry of a͏ctivity in thi͏s r͏egard, w͏ith even mar͏k͏et lea͏ders͏ venturing into new...

FMCG giants like Nestle, ITC, and Tata Consumer embrace premiumization with innovative strategies

News
For the first time, Nestle India, a packaged foods manufacturer, is planning to recruit tasters and connoisseurs of premium foods for its soon-to-be-launched super-premium...

ITC, Tata Consumer exit plant-based meat market as interest wanes and viability dwindles

News
ITC Ltd. and Tata Consumer Products Ltd. have opted out of the plant-based meat market, citing a decline in its buzz and economic feasibility....

Premiumization and cost cuts boost margins for HUL, Tata Consumer, and Nestle India in Q1

News
Amidst the heightened regulatory scrutiny surrounding processed foods, Hindustan Unilever (HUL), Tata Consumer Products (TCPL), and Nestle India have released their March quarter results....

Indian companies set sights on global markets with millet-based foods

News
Executives from major Indian companies have seized the opportunity presented by the recent G20 Summit in New Delhi and the United Nations' declaration of...

Expanding horizons: Tata’s Soulfull brand aims for double-digit growth with new offerings

News
In a bid to broaden the reach of the Soulfull brand, Tata Consumer Products has forayed into the wafer biscuit category. The latest addition to...

FMCG sector witnesses growth surge in June quarter: Volume and margins rise amid inflation moderation, small players reenter market

News
The Fast-Moving Consumer Goods (FMCG) sector experienced a rise in sales volume and an increase in gross margins during the June quarter. This growth...

Tata Consumer, ITC among top contenders for Fabindia’s Organic India stake

News
According to informed executives, Tata Consumer Products and ITC Foods have begun discussions regarding the acquisition of a substantial share in Organic India, a...

Tata Consumer expanding into new categories and eyeing acquisitions, says Chairman N Chandrasekaran

News
During the 60th annual general meeting of Tata Consumer Products, N. Chandrasekaran, Chairman of Tata Sons, revealed that Tata Consumer, the consumer goods arm...

D2C brands transitioning from online to offline channels as pandemic boom subsides: Tata Consumer MD

News
Tata Consumer, a company specializing in the sale of packaged groceries such as salt, staples, water, and tea, has observed a decline in the...

Tata Consumer sets sights on 5 key growth drivers, embracing inorganic strategies when essential

News
Tata Consumer has outlined its strategy to enhance its total addressable market by pinpointing five key platforms. The company's foremost objective is to fortify...

Nestle, Tata Consumer and Kraft heat up competition to acquire Ching’s Secret

News
Nestle SA, a multinational food and beverage company headquartered in Switzerland, is reportedly among the bidders for the acquisition of Capital Foods Pvt Ltd....

Tata Consumer’s beverage brand NourishCo aims for four-digit sales growth in FY24

News
FMCG major, Tata Consumer Products (TCPL), has projected that its non-carbonated beverage brand, NourishCo, will achieve four-digit sales in FY24, according to the company's...

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