The state of Maharashtra, Mumbai in particular, is seeing a surge in infections as normalcy returns.
The industry was helped by consumption-led recovery during the festive period
Famous sitcom 'The Office' got in hefty viewing on Netflix weeks before being shifted to its rival streamer Peacock
Personal care majors say assessment of full-year contraction is fine, food firms indicate otherwise.
Headwinds such as commodity inflation outweigh positives. Downgrade comes amid positive growth reported by sector in Q3, which is expected to continue into Q4
Rural areas continued to drive growth for the FMCG sector.
Nielsen Holdings Plc said it will sell its consumer goods data unit for $2.7 billion to private equity firm Advent International, as the market research firm narrows its focus to its media arm
Nielsen defines middle India as urban but towns with population of 1-10 lakh, excluding rural centres and metros.
Flat growth will be on account of 18 per cent decline in April-June quarter
Though the FMCG industry has shown some sign of improvements in June, but in the first half of the year the industry growth slipped to negative with 6% decline
28% consumers keen on buying home appliances, while other discretionary spending is on hold, says Nielsen survey
This number was significantly higher for outlets other than chemists and grocers, Nielsen said in the third edition of its report on FMCG sector after Covid-19
Traditional trade sees bigger drop, says Nielsen
The data released by Nielsen and the Broadcast Audience Research Council (BARC) shows that internet usage has grown sharply in cities over the last one month, touching 54 per cent
Beauty products segment witnesses 0.8% decline in March, says Nielsen
Nielsen estimates 5-6% full-year growth, down from 9-10 %
The ongoing lockdown has left 34% unhappy, while 41% are not at peace at all
According to Nielsen's estimates, India's Rs 4 trillion FMCG market is expected to grow by 10% in calendar year 2020 (CY20)
"In the last month and a half, HUL's stock price has corrected from levels of about Rs 2,179 per share to Rs 1,964 now"
At 2%, he said, India is already equal to markets such as Canada, Germany, Spain, and Italy in terms of e-commerce penetration for FMCG products