The Indian Business landscape is undergoing a significant transformation. Traditionally, business-to-business (B2B) operations in the Fast-Moving Consumer Goods (FMCG) industry were driven by conventional distribution models that relied solely on human interactions. However, with the exponential growth of digital technology and the escalating popularity of B2B marketplaces, many FMCG brands in India are adopting a […]
ITC‘s revenue from its fast-moving consumer goods (FMCG) business witnessed a substantial growth of 20 per cent in the fiscal year 2022-23 (FY23), according to a recent media reports. The revenue reached Rs 29,000 crore compared to Rs 24,000 crore in FY22. Notably, this impressive growth does not include revenue from its tobacco business, and […]
Pansari Group, a FMCG companay, on Saturday reported a 30 per cent growth in sales volume in the fiscal year 2022-23. Following its recent expansion in the Western and Southern Indian markets, the brand is sufficiently prepared to successfully establish itself in the FMCG industry across India, the company said. According to the company, 70 […]
The FMCG industry is an ever-changing and highly competitive space that places great emphasis on customer experience. In today’s world, customers seek personalized experiences, convenience, affordability and seamless omnichannel interactions with brands as more and more companies innovate their strategies and product offerings to capture the consumer’s mindshare. The importance of personalization in the FMCG […]
Nestle India, the FMCG major reported a 25 per cent year-on-year (YoY) rise in profit to Rs 737 crore YoY for the first quarter ended on 31 March 2023 compared to Rs 590.7 crore previous year in the same quarter, according to its regulatory filing. Nestle, which follows a January to December financial year, reported […]
Reliance Consumer Products (RCPL), the FMCG arm and wholly-owned subsidiary of Reliance Retail Ventures (RRVL), on Wednesday announced the expansion of its FMCG portfolio with the launch of its range of home and personal care products. The products include Glimmer beauty soaps, Get Real natural soaps, Puric hygiene soaps, Dozo dishwash bars and liquids, HomeGuard […]
Adani Wilmar’s Fortune brand has launched a range of nine regionally customized pulses, including Arhar Dal, Moong Dal, and Rajma Chitra, among others. The unpolished, sortex-cleaned range has been designed to meet the hyperlocal tastes of customers in Northern and Eastern states of India. Commenting on Adani Wilmar’s launch of Fortune Pulses, Mr. Vineeth Viswambharan, […]
In recent years, the Fast-Moving Consumer Goods (FMCG) business has maintained a consistent rate of growth and returns on investment. It is the only industry that has grown despite the pandemic. However, in 2022, there has been a movement in customer behavior, trends, purchasing patterns, and more, affecting this industry. According to CRISIL, a research […]
Dabur India’s consolidated net profit fell 5.4 per cent year on year (YoY) to Rs 476 crore in the September-December period. This compares to a net profit of Rs 504.35 crore declared a year earlier, according to the company’s regulatory filing. The company’s sales increased significantly by 3.4 per cent to Rs 3,043.2 crore, the […]
The Finance Minister Nirmala Sitharman unveiled the Union Budget 2023-24 on Wednesday, which analysts believe offers something for everyone. The retail industry praises it as a pro-growth, common man’s budget. According to industry experts, the Budget would raise customers’ discretionary money, improve the ease of doing business and infrastructure development, and promote a good industry […]
