Dabur, a well-known home-grown Fast-Moving Consumer Goods ( FMCG) company, is set to scale up its digestive brand, Hajmola and mosquito repellent brand, Odomos, as the power brands, CEO Mohit Malhotra said in the investor meet last week. Currently, Dabur’s FMCG portfolio includes nine distinct power brands, with eight in India and one in overseas […]
Unilever has reported increased competition from smaller players in the Indian Fast Moving Consumer Goods (FMCG) sector following a cooling off of raw material prices. This has compelled its subsidiary, Hindustan Unilever, to shift its focus towards increasing volumes and implementing price reductions. Graeme Pitkethly, Unilever’s global chief financial officer, discussed the situation at the […]
India’s organised retail sector, accounting for approximately 12 per cent of total fast-moving consumer goods (FMCG) sales, witnessed its highest growth in six quarters, recording a year-on-year surge of 21.1 per cent during the April-June period, as per NielsenIQ data. This growth was fueled by a stable urban demand environment. NielsenIQ, the data insights and […]
Toothpaste maker Colgate-Palmolive (India)’s quarterly profit rose 30.5 per cent on Wednesday, aided by improved domestic demand. Net profit rose to Rs 274 crore for the quarter ended 30 June compared to Rs 210 crore a year earlier. Steady rural demand pick-up and some ease in domestic retail inflation helped Indian consumer goods companies log […]
Deloitte Touche Tohmatsu India LLP and Capillary Technologies on Wednesday announced a strategic alliance to help companies increase customer loyalty, retention and engagement in India. According to the press note, the strategic alliance leverages Deloitte’s industry expertise and global networks along with Capillary’s AI-powered SaaS platform. Together, they intend to drive digital transformation and data-driven […]
Mitra, a direct-to-consumer (D2C) and Fast Moving Consumer Goods (FMCG) brand has opened its Alwar Oil Plant. According to the company, it has imported advanced machinery from Germany, ensuring a no-human-touch manufacturing process. Subsequently, the decision to set up the plant was driven by market demand and the need to introduce new oils, including soya […]
Revenue of the fast-moving consumer goods (FMCG) sector is expected to grow 7-9 per cent this fiscal 2023-24, a tad slower than the 8-9 registered in the past two fiscals, according to Crisil Ratings. Higher volume is expected to drive revenue growth, amid support from a gradual recovery in rural demand. On the other hand, […]
Rage Coffee, the Delhi-based FMCG company that manufactures, markets, and distributes innovative packaged coffee products, has opened its manufacturing and blending facility, which will enhance its coffee blending outputs across the board. The facility is highly resourceful, as it packs storage, production, and warehousing capabilities in its grand scheme of things, the press note stated. […]
Marico, an FMCG company, has recently integrated its Saffola store with the Open Network for Digital Commerce (ONDC). The ONDC network, initiated by the Government of India, is a revolutionary digital commerce network that aims to empower businesses and consumers across the country, the press release read. The initiative takes the ambitious ‘Digital India’ vision […]
The Indian retail market, worth USD 950 billion, is highly unorganised and dominated by general trade. While general trade drives 83 per cent of the overall market, its share is greater than 90 per cent in the groceries space, according to a report released by Redseer Strategy Consultants. The fragmented market puts retailers at a […]
