Gone are the days when one used to step out to buy groceries on a weekly or monthly basis from the nearest kirana store. In the age of instant gratification, grocery items and snacks are delivered at the soft press of a button in an app. While quick commerce's superfast delivery model separates it from the more traditional e-commerce setup, there are several other areas where the two function differently. India’s high conglomerates Tata, Reliance Industries (RIL) and Adani are in a shopping for spree as of late. They’ve acquired a number of FMCG manufacturers throughout the nation with a purpose to pip multinationals like Hindustan Unilever (HUL), Nestle and P&G.
This week’s edition of “Indian Retail at a glance” highlights What's Next For Q-Commerce: The Golden Child Of E-Commerce? FMCG start-up acquisitions: What does it mean for D2C ecosystem?
Top three trends of FMCG and consumer durables packaging in India
The packaging industry is a colossal income grosser and an even bigger necessity at a global scale as they serve several industries. Reliable statistics indicate the global packaging industry will see unprecedented demand of $1.05 trillion by 2024, growing from a total value of $917 billion in 2019, driven by consumer and industry trends.
FMCG start-up acquisitions: What does it mean for D2C ecosystem?
India’s top conglomerates Tata, Reliance Industries (RIL) and Adani are on a buying spree these days. They have acquired several FMCG brands across the country to pip multinationals like Hindustan Unilever (HUL), Nestle and P&G.
Plastic straws cause FMCG firms indigestion as deadline for ban nears
The industry may account for just 0.05 per cent of the total volume of single-use plastics in the country. And the product it uses is just one among the 22 — including spoons, forks, plates, knives and trays — that will be banned across the country from July 1 by government order.
Small packs for big bucks: FMCG prices increase by 10%
Every kilogram of packaged consumer goods sold in India in February-April were 10% costlier than they were a year earlier following the rise in raw material prices, researcher Kantar said on Tuesday.
India's largest food service company fixes record date for dividend
Jubilant Foodworks Ltd is a large-cap company in the fast-moving consumer goods (FMCG) industry with a market capitalization of ₹32,787 crore. Jubilant FoodWorks Limited is a subsidiary of the Jubilant Bhartia Group and is India's largest food business company, with franchise business arrangements for three global brands: Domino's Pizza, Dunkin' Donuts, and Popeyes.
Cooking oil prices drop - soaps, noodles and detergents might follow suit
In the last few months as input costs rose, FMCG players have been resorting to reducing pack sizes while increasing pack prices. A reduction in base import of crude palm oil, soy oil could be passed on to other products in which it is used like — soaps, biscuits, noodles and even shampoo, lipsticks and detergents.
How Quick Commerce Is Changing the E-commerce Landscape In India
Gone are the days when one used to step out to buy groceries on a weekly or monthly basis from the nearest Kirana store. In the age of instant gratification, grocery items and snacks are delivered at the soft press of a button in an app. Say hello to Quick Commerce! Quick commerce platforms have emerged as a subset of e-commerce and have swiftly become a saviour for the office-going, ever-busy millennial.
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