Medusa Beverages To Enter Jharkhand Market, Eyes 90% Width Of Distribution
The expansion will be supported through a strong distribution network and local partnerships to ensure wide market availability
The expansion will be supported through a strong distribution network and local partnerships to ensure wide market availability
Company’s flagship brand Mansion House Brandy (MHB) surpassed ten million cases in sales in the last financial year (FY26)
Ranjitha Shankar, Executive Director, SG Corporates, notes that the brand enjoys a strong presence across southern states, with 80 per cent of sales coming from South India
Godrej & Boyce is set to invest approximately Rs 40 crore over the next three years to expand its distribution network for consumer brands in tier-II and tier-III cities. The company, known for selling interior solutions, furniture, appliances and locks, aims to double its footprint to more than 400 towns by FY27 with these fresh […]
Parag Milk Foods (PMFL), a manufacturer and marketer of dairy-based branded products in India has reported a rise of 268.8 per cent year-on-year (YoY) in consolidated profit after tax (PAT) at Rs 34.16 crore in the third quarter ended December 2023, as against the consolidated PAT of Rs 9.26 crore in the same period of […]
The Finance Minister presented the interim budget for the fiscal year 2024-25 on 1 February, and fast-moving consumer goods (brands) players have many things to say as they have welcomed the Interim Budget 2024. Industry players believe that the government’s interim budget maintains continuity in policies, focusing on welfare and support for the ‘Garib,’ ‘Mahilayen,’ […]
Adani group’s FMCG arm Adani Wilmar on Wednesday reported an 18 per cent year-on-year (YoY) dip in its December quarter profit at Rs 200.9 crore as against Rs 246.1 crore in the year-ago quarter. The company had reported a loss of Rs 130.7 crore in the September quarter of FY24. Its revenue decreased by 17 […]
In a remarkable decision, the Indian Government has increased the onion buffer stock to five lakh metric tonnes this year, surpassing the initial procurement goal of three lakh metric tonnes. To achieve this supplementary target, the Department of Consumer Affairs has instructed the NCCF and Nafed to acquire one lakh tonnes each, while also efficiently […]
Adani Wilmar reported a 12 per cent yearly decline in consolidated revenue during April-June 2023 quarter at Rs 12,928 crore. The company said the decline in revenue during the quarter was reflective of a steep decline in edible oil prices. The food and FMCG segment recorded a strong revenue growth of 28 per cent year-to-year […]
Pilot Pen, the well-known pen brand in the premium functional category on Monday announced its entry as a sole entity in India and dissolved its partnership with a popular Indian brand of writing instruments. According to Hiroki Kisaichi, MD PPIN, Pilot has invested about USD 85.5 million in setting up the new manufacturing unit in […]