Indian FMCG Market
Food & Beverage
Nestle India shares declines over 3% post Q2 earnings announcement
PTI -
The stock of Nestle India fell 3.16 per cent to Rs 22,081.75 apiece on the BSE. It was later trading at Rs 22,260.95, down 2.38 per cent over its previous close
New Delhi: Shares of Nestle India on Thursday declined...
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Marico to acquire 58% stake in Satiya Nutraceuticals for Rs 369 crore
PTI -
The company has signed a definitive agreement to acquire a majority stake of 58 per cent in Satiya Nutraceuticals for a consideration of Rs 369.01 crore
New Delhi: Home-grown FMCG firm Marico will acquire a majority stake in Satiya Nutraceuticals,...
FMCG
Marico expects food business to reach Rs 850 crore in FY24
PTI -
Saffola, the master brand under which Marico offers healthier foods, has expanded the total addressable market to over Rs 10,000 crore, through a portfolio of healthy value-added offerings
New Delhi: Home-grown fast moving consumer goods (FMCG) firm Marico expects its...
FMCG
Consumer demand stable in Q1, margins to improve: say FMCG players
PTI -
Two FMCG players - Marico and Godrej Consumer Products Ltd (GCPL) - in its quarterly updates reported that the overall consumer demand remained steady in the April-June period
New Delhi: The fast-moving consumer goods (FMCG) sector witnessed a stable demand in...
FMCG
Winning Brand-Retailer Parternships: Wingreens and Reliance Retail
10 outstanding success stories of collaboration exemplifying how brands and retailers can create a winning playbook by leveraging each other’s capabilities and resources
By collaborating, brands and retailers can reach out to new customers and expand their reach in the...
FMCG
RPSG’s Too Yumm brand forays into snacks category
PTI -
The company is eyeing a significant chunk of the over Rs 30,000 crore ethnic snacks market in the country, including the organised space of Rs 14,000-15,000 crore, and has set a target of achieving Rs 100 crore sales in...
FMCG
Rural slowdown bottoming out, gradual recovery in volume expected: HUL
PTI -
Though the rural growth was still down 3 per cent in the quarter ended March 31, 2023, it is on the right path of recovery with overall commodities price moderation
New Delhi: The rural slowdown is "bottoming out" and a gradual...
FMCG
Agri-Tech platform WayCool introduces new FMCG entity BrandsNext
BrandsNext will be headed by its chief executive officer BP Ravindran, who will lead the company's activities from product innovations to category expansions
Bengaluru: Food and Agri-Tech platform, WayCool has launched a new entity titled BrandsNext to drive its FMCG business,...
FMCG
FMCG, dairy firms betting on strong double-digit sales growth this summer season
PTI -
This will also help the out-of-home (OOH) segment, where the companies expect a sharp rise in sales after a slump of two years
New Delhi: Demand for ice creams and cold beverages like Cola have surged because of the onset...
FMCG
Nature’s Basket launches a new store in New Delhi
Spread across 3,500 sq ft, the new outlet is the fourth store of Nature’s Basket in the Delhi-NCR region
Bengaluru: Nature’s Basket (NB), a homegrown grocery delivery chain of retail stores opened a new store at Defence Colony, New Delhi. Spread...
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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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