FMCG
In Focus
Marico Q2 net profit falls to Rs 307 crore, revenue up at Rs 2,115 crore
PTI -
Marico reasons that the profit was down mainly due to losses on translation of foreign currency receivables and higher Effective Tax Rate (ETR)
New Delhi: FMCG firm Marico Ltd reported a decline of 2.84 per cent in its consolidated net profit...
Food
White-rum leader Bacardi now enters domestic whisky space
The 158-year-old brand based in Santiago de Cuba, is better known as the white rum brand in the country and has been the market leader here since its entry a few decades back.
Mumbai :Bacardi, the Mexican liquor major known for...
Latest News
Bikano to accelerate digitalisation, e-commerce and D2C channels in 2022
In talk with Manish Aggarwal, Director, Bikano to know the insights of the business
If you had to pen down your top 3 learnings from 2021 then what would that be?
Hygiene, Convenience &...
Big Grid
FMCG firms apply 2020 pandemic learnings for minimal disruption
Amid surging COVID-19 cases in the country, FMCG companies say they are applying learnings from the last year when nationwide and several localised lockdowns impacted their manufacturing and supply chain, to mitigate impact of any future disruption. Emami Ltd Director Harsha V Agarwal said based...
Food
Marico says ‘has witnessed healthy momentum building across key portfolios’
FMCG major Marico on Monday said it has witnessed healthy momentum building across its key portfolios and expects low double-digit bottomline growth in the fourth quarter last fiscal after being impacted by the COVID-19 pandemic, as per a PTI report. Marico, in...
Big Grid
Tax reduction, rural development to give new boost to FMCG Industry
The sudden job losses, migration of laborers and the fear of stepping out due to the coronavirus pandemic have affected people’s consumption pattern majorly in 2020. But, the announcement of certain favaourable measures including reduction of tax personal taxes...
Big Grid
FMCG industry grows 7.3%, rural sales up 14.2%: Nielsen
The FMCG industry in India has recorded a value growth of 7.3 per cent in October-December quarter helped by consumption-led recovery during the festive period and increase in sales from traditional as well as organised trade, according to data analytics firm Nielsen. The metro market witnessed...
Food
COVID-19 compels Food & Grocery Industry to re-imagine innovation
It’s been exactly one year since the first Coronavirus case was reported in China, yet the pandemic continues to impact both industries and consumers across the world at an unprecedented scale. Just like other industries, the Fast Moving Consumer...
Food
From Kiranas to Corporates: The evolution of modern retail in India
Food & FMCG products in India were typically retailed in small individually or family-owned and operated stores located in villages, city neighborhoods, and large urban markets. Grocery stores (called Kirana stores locally) account for the bulk of food retail...
Food
Re-Engineering sales & distribution systems is the need of the hour for FMCG brands
From travel to shopping and banking, everything around us has changed significantly over the past few years. The rapid growth of digitization has introduced several innovative technologies and strategic approaches which have changed the way Indian businesses function. Consumer...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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