Volumes to remain under pressure due to grammage reductions
Firm to focus on new launches with high margins and high growth
By acquiring a string of local consumer brands, the conglomerate is looking to build volumes and scale in its private label retail business
In comparison, urban sales were up 5.5% month-on-month
In the non-foods space, it has entered the personal care and home care business
The Ukraine crisis has led to a rally in commodity prices. Consumer goods companies, hit with high input costs, are now passing on the price rise to customers. Will there be more price rise in FMCG?
The Fast Moving Consumer Goods (FMCG) market will see further tapering down and decline in volumes, especially in the in-home consumption category due to a higher base effect
Volume recovery, expansion in new geographies and debt reduction are key positives
Key brands such as Maggi, Nescafe and KitKat posted robust growth in the Indian market in 2020, Nestle said in a post-earnings statement
While its domestic business, which makes up over 90% of its topline, grew 10.1%, exports declined 7.7% during the quarter
The brand would be the first from the personal care portfolio to clock in consumer spend of Rs 1,000 crore, says firm
The Covid-19 pandemic has spurred consumer goods firms to work with Big Blue to drive their digital transformation efforts, write Peerzada Abrar and Sai Ishwar
Thanks to in-home consumption and a focus on hygiene and health, HUL said these brands contributed significantly to growth within its essentials portfolio, which constitutes 80% of its business
28% consumers keen on buying home appliances, while other discretionary spending is on hold, says Nielsen survey
According to the report, the slowdown had been brewing since 2016 but was intensified further by several disruptions in the past two years including demonetisation
Sales of staples will recover in the second half of the fiscal year that began April 1, as farm-support measures and above-average rain lift rural incomes, the brokerage said in a report
India could become the third-largest consumer economy by 2025, from sixth now, touching $4 trillion, trailing with the US and Chin