Marico, an FMCG company, has recently integrated its Saffola store with the Open Network for Digital Commerce (ONDC). The ONDC network, initiated by the Government of India, is a revolutionary digital commerce network that aims to empower businesses and consumers across the country, the press release read. The initiative takes the ambitious ‘Digital India’ vision […]
The Indian retail market, worth USD 950 billion, is highly unorganised and dominated by general trade. While general trade drives 83 per cent of the overall market, its share is greater than 90 per cent in the groceries space, according to a report released by Redseer Strategy Consultants. The fragmented market puts retailers at a […]
Bajaj Consumer Care on Tuesday launched its new henna product, Bajaj 100% Pure Henna. According to the company, the product contains zero added chemicals, the product is 100 per cent natural and fully safe. “Henna has been a part of the traditional beauty regime in India since ages and we are delighted to introduce Bajaj […]
Reliance Consumer Products (RCPL) on Wednesday announced its expansion of the made-for-India consumer packaged goods brand ‘Independence’ to the North India region. RCPL is the FMCG arm and wholly owned subsidiary of Reliance Retail Ventures Limited (RRVL). ‘Independence’ offers a range of products including edible oils, grains, pulses, packaged foods and other items for daily […]
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 […]
