Sachetisation Remains Critical For Unlocking Rural Demand, Says Report
The report notes that compact formats offer affordability and encourage first-time trials across categories such as personal care, food and household care
The report notes that compact formats offer affordability and encourage first-time trials across categories such as personal care, food and household care
On the other hand, essentials such as cleaning agents, basic food items and healthcare products continue to drive stable demand
The projected growth is expected with a robust compound annual growth rate (CAGR) of 21 per cent, as per the report
A survey conducted by industry body FICCI revealed sustained and continued growth for India’s manufacturing sector in the last two quarters of 2023-24 (October-March). Compared to the previous quarter, October-December, when 73 per cent of respondents had reported higher production levels, in the current January-March quarter, around 87 per cent of respondents expected either higher […]
The Indian economy grew 7.6 per cent during the July-September quarter of the current financial year 2023-24, remaining the fastest-growing major economy. India’s GDP growth for the April-June quarter grew 7.8 per cent. Real GDP or GDP at Constant (2011-12) Prices in Q2 2023-24 is estimated to attain a level of Rs 41.74 lakh crore, […]
The FMCG industry expects rural sales to rise in the coming quarters, while prices for some items may fall as inflationary pressures begin to ease. Government investment in infrastructure and greater expenditure on rural regions would improve employment creation and development in rural areas, which would be beneficial to the FMCG sector’s growth, according to […]
The Indian retail business is one of the fastest expanding in the world and is expected to reach USD 2 trillion by 2032, according to Reliance Retail Director Subramaniam V. According to him, the Indian retail industry is expected to be worth USD 844 billion in 2022, with the unorganised retail sector accounting for almost […]