The fast-moving consumer goods (FMCG) sector in India has witnessed a significant development as rural consumption experiences a positive growth trajectory after six consecutive quarters. Thiresurgencesce in consumption signifies a potential revival for the FMCG industry, which has struggled to regain its momentum in the past. The blog shed light on the evolving consumer trends and preferences, hinting at new opportunities for FMCG companies to tap into the rural market. In this blog, we will explore the key highlights of the report and delve into the factors contributing to this encouraging shift in rural FMCG consumption patterns.
This week’s edition of “Indian Retail at a glance” highlights How Survival of startups depends on their corporate governance ethics? Why Consumer's Margins Stabilise But Volumes Stay Muted? FMCG revival?
FMCG consumption in rural India shows positive growth for the first time in six quarters: Report
According to a recent report by Nielsen IQ (NIQ), rural India has experienced positive growth in consumptionduring the January-March 2023 quarter, after a gap of six straight quarters.
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FMCG revival? Business grows 10% in March quarter: Report
The Indian fast moving consumer goods (FMCG) industry has recorded a recovery trend with a double-digit value growth of 10.2% in the March quarter of 2023.
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HUL To Tata Consumer's Margins Stabilise But Volumes Stay Muted — Q4 Earnings Wrap
With fourth-quarter earning almost over, the net profit of fast-moving consumer goods companies have ticked up, with many beating the consensus estimates.
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Dabur uses charcoal to go after urban tastes for toothpastes
Leading FMCG brand Dabur India has built its foundation on products that contain desi ingredients like neem, tulsi and haldi. The brand has been able to win over customers who’ve been searching for toothpastes that take inspiration from Ayurvedic remedies.
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CAIT urges Nirmala Sitharaman to reduce GST on beverages to support small retail, kirana outlets
Confederation of All India Traders (CAIT), which represents around 8 crore traders in the country, on Monday urged finance minister Nirmala Sitharaman to reduce the Goods and Services Tax (GST) on beverages which constitute almost 30 per cent of the total turnover of small retail outlets such as kirana shops, pan shops, general stores, hawkers etc.
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Zero-fee food delivery app WAAYU debuts in MumbaiFood delivery app WAAYU developed by tech entrepreneurs Anirudha Kotgire and Mandar Lande of Destek HORECA, launched its services in Mumbai on Monday. It is backed by Mumbai-based Indian Hotel and Restaurant Association (AHAR), besides other industry bodies.
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Survival of startups depends on their corporate governance ethics
The raids at Byju’s highlight many issues concerning corporate governance, domicile and taxation. The ongoing funding winter in the startup ecosystem has raised many ugly issues that were perhaps latent in their heyday.
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