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FMCG News

22 Jun 2024

FMCG Sales Growth In Rural Areas To Outstrip Urban Markets: Report

Populist measures expected by some states which are going to face elections this year are also expected to drive up rural demand, the report added.

23 Apr 2024

Nifty Smallcap Index Registers Fresh All-Time High

India's economic activity continued to expand in April, driven by strength in both the services and manufacturing sectors.

09 Mar 2024

Flipkart Set To Launch 10-15 Minute Delivery Venture Soon

Flipkart to roll out a quick delivery venture soon. The reports say the new venture will be unveiled in 6-8 weeks. In the initial phase, the service will be provided in major cities.

23 Jul 2023

FPIs Invested Rs 43, 804 Crore In India In July 2023

Till July 21, FPIs have invested Rs 43,804 crore in India. This figure includes investment through stock exchanges, primary markets, and bulk deals.

Hindustan Unilever

10 Mar 2023

Rohit Jawa Named As New Managing Director, CEO Of Hindustan Unilever Ltd

Last year, Unilever had said the United States, India and China were three of its key growth markets, underlining plans to grow in India amid rising use of the internet in the country and the economy's expansion.

02 Feb 2023

FMCG Consumption Continues to Decline With Negative Volume Growth in Dec Qtr

The rural markets declined 2.8 per cent registering the sixth consecutive quarter with negative volume growth, while the urban market maintained stable positive growth of 1.6 per cent.

19 Dec 2022

Wipro to enter in packaged food and spice sector as it acquires FAMOUS brand

Wipro to enter into the packaged food and spice segment. Company acquires Nirapara, known for its blended spices. The brand leads in producing a large variety of spice mixes, and rice powder used in making 'appam', 'idiyappam',etc.

29 Mar 2022

Green initiatives: FMCG firm DS Group awarded with LEED certification

LEED certification validates the group’s commitment on strategic integration of sustainability into the organizational Systems and Processes to anticipate and understand long-term trends and the effect of resources use

Colgate Palmolive

02 Jan 2022

FMCG distributors warn Colgate Palmolive of taking over price disparity issue

The Fast-moving consumer goods (FMCG) distributors are seeking a level playing field from manufactures. Distributors are in protest over the price disparities between the traditional trade and business-to-business retailers. AICPDF is in talks with several FMCG makers over the issue.

20 Sep 2021

Sensex, Nifty swing amid global cues; fall sharply after rise

Barring Nifty FMCG, all other sectoral indices are trading in the red with metals, PSU Banks, financial services, auto and realty indices dragging the most. HUL was the biggest gainer in early hours of trade on Nifty50. Other stocks like ONGC, ITC, HCL were the other better performers.

27 Jul 2021

TV commercials continue to brighten sheen of celebrities

Based on the data one could sum up that although due to the closure of cinema halls during the COVID Pandemic Bollywood stars could not be seen on the big, however their screen time was not compromised nevertheless –thanks to TV commercials.

04 Jun 2021

ITC’s cigarette volumes recover to pre-COVID ‘classic, golden’ levels

In 4Q FY21, cigarette volumes were back to pre-COVID levels. BNP Paribas said in a note that ITC declared a total dividend of Rs 10.75/share in FY21. FMCG division had a strong year with 16 per cent sales growth.

28 May 2021

Pulses, edible oils may get expensive, cereals may get cheaper, here’s why

RBI expects the global crude oil prices to remain volatile in the near term. CPI-based food inflation surged following a nationwide lockdown last year. Retail price increase in the post-lockdown period was much higher than the usual summer uptick in food prices.

23 May 2021

Curfew restrictions impact retail sales, health, hygiene, food product pick up

There is a renewed focus on healthy alternatives. Value packs are doing well this time as smaller packs. Some retailers are also facing the issue of excess stocking.

29 Apr 2021

COVID-19: Gram panchayats ban entry of cold drinks, ice creams

Villages have also barred the entry of outsiders until the situation gets normal. However, there’s no scientific relation between the spread of Covid-19 and soft drinks/ ice creams. In many villages, shops are only open from 7 Am to 9 PM.

04 Dec 2020

Kiara Advani bags Ashutosh Gowariker's 'Karram Kurram' based on Lijjat Papad

The film headlined by Kiara Advani marks the inception and rise of an FMCG conglomerate. Presented under the banner of Ashutosh Gowariker Productions, the film is produced by Sunita Gowariker.

10 Aug 2020

'We want to protect our industries so that they can get fair play and access'

Goyal said that those investing in India, should not just look at assembling the Semi-knocked down kits or availing import duty concessions, but must bring technologies, best practices and do value-addition "Our government will stand shoulder-to-shoulder with industries in their efforts to become more competitive and engage with the world on equal and fair terms" He invited the Indian industry to walk together, support each other, and work towards a prosperous India in the long run and a better future for the generations to come

09 May 2019

Gillette India announces Q3 results; Sales up 3%, PAT up 23%

Sales for the year till date is up 10 percent and Profit After Tax (PAT) is up 7 percent versus year ago, it added.

11 Jul 2018

FMCG companies pledge to reduce salt, sugar and saturated fat in products

by Suman Agarwal/ Shiv Prakash Yadav

23 Jan 2018

Budget 2018: FMCG firms urge Modi govt to spend more on rural sector

FMCG industry wants Budget 2018 to focus on rural wages, job creation.

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