The Indian FMCG industry is currently undergoing remarkable growth, consolidating its standing as the fourth-largest sector within the country. Employing approximately 3 million individuals, it represents a significant contributor, constituting about 5% of total factory employment in India. This growth is fueled by several key factors, including supportive governmental initiatives and policies, the expanding rural market and youthful demographic, the introduction of innovative branded products, the burgeoning presence of e-commerce platforms, robustness across the value chain, as well as insights-driven consumer communication strategies.
This week’s edition of “Indian Retail at a glance” shares insightful articles on How successfully is the FMCG sector riding the wave of a resurgent India? Retail inflation for farm. India emerges as key growth driver for global cosmetics giants?
Click on the heading to read more.
How successfully is the FMCG sector riding the wave of a resurgent India?
The Fast-Moving Consumer Goods (FMCG) sector has always been characterised by its dynamism and adaptability to changing consumer preferences, market trends, and technological advancements.
India emerges as key growth driver for global cosmetics giants L'Oreal & Shiseido
L'Oreal SA and Shiseido, two of the world's largest cosmetics companies, said India is fast becoming one of their key growth drivers, helped by burgeoning population and affinity towards beauty products .
Top 10 companies in India by market valuation in 2024
India, a rapidly developing economy, is home to some of the world's most valuable companies. These companies span various sectors, including technology, finance, and consumer goods, contributing significantly to India's economic growth.
Adani Wilmar Surpasses Hindustan Unilever: The Rise of India's New FMCG Leader
In an unprecedented turn of events, Adani Wilmar, India's leading food FMCG giant, has dethroned Hindustan Unilever with a staggering annual revenue of Rs 54,214 crore in the financial year 2022.
In an intriguing move that signals Tata Group's ambition to fortify its presence in the Fast-Moving Consumer Goods (FMCG) sector, the conglomerate has set its sights on acquiring two notable brands: Ching's Secretand Smith & Jones.
Retail inflation for farm, rural workers eases marginally in January
Retail inflation for farm workers and rural labourers eased marginally to 7.52 per cent and 7.37 per cent in January as compared to the previous month, mainly due to lower prices of certain food items.
2 minute read
