Akshara Srivastava tracks the Indian consumption story at Business Standard. From fast-moving consumer goods (FMCGs) to offline retail and luxury, along with hospitality and travel, Akshara has a deep interest in uncovering the trends and nuances shaping consumer behaviour across these sectors. She also writes about the Ministry of Consumer Affairs and FSSAI.
Akshara Srivastava tracks the Indian consumption story at Business Standard. From fast-moving consumer goods (FMCGs) to offline retail and luxury, along with hospitality and travel, Akshara has a deep interest in uncovering the trends and nuances shaping consumer behaviour across these sectors. She also writes about the Ministry of Consumer Affairs and FSSAI.
The coffee penetration in the country is around 14-15 per cent, and at a cafe level, around 25 per cent for the affluent section
The main markets for the company's organic range are Europe and America, which account for 85% of the brand's sales
Industry players supported the move, stating that it would lead to better transparency and accuracy in dairy product labelling
Raises debate over large e-commerce players eating into share of smaller offline retailers
Aims to take local sourcing up to 85% by 2026 from 68% currently
The Food and Agriculture Organization (Fao) had recently highlighted the presence of microplastics in common food items such as sugar and salt
Godrej Consumer forays into sector with an investment of Rs 500 crore
Goa has witnessed a 166 per cent spike in bookings
Low penetration of major appliances presents expansion opportunity for industry
Company to undertake price increases as consumers come back into consumption fold
Online travel aggregator sets sights on doubling flight segment share and outpacing market growth
Bangladesh, alongside China, is the largest production market for clothing for the group
According to market research firm Kantar, bottled soft drinks breached an annual penetration of 50% in the year ending March 2024
This expansion will help extend the company's regional coverage from the west to the south-central regions of India
Harsh summers, cola price wars play spoilsport for juice segment
While high levels of food inflation continue to impact raw material prices, lingering effects of inflation are making consumers pull back on discretionary spends, lending to the sector's slowdown
'The country's demand environment remains challenging, marked by high food inflation and unemployment rate,' says the FMCG firm
The company, which follows the January-December financial year, had reported a net profit of Rs 994 crore in the year-ago period
Aditya Birla joins the fray of an already booming jewellery retail market
Group aims for brand to be among top three national players in five years