Its time to shed light on the current trends and developments in Indian FMCG and Retail Sector. In addition to AI, the blog also explores the recent performance of FMCG companies in terms of sales growth and margin expansion during the fourth quarter earnings season. Furthermore, it delves into the regulations implemented to control misleading food advertisements in India and the declining popularity of 'natural' toothpastes. Additionally, it covers Procter & Gamble India's announcement of innovative caregiving policies for its employees, the top consumer products companies in India, and the expansion of retail brands through online direct-to-consumer channels. These insights provide valuable knowledge on the dynamic landscape of India's FMCG and retail industry.
This week’s edition of “Indian Retail at a glance” highlights How AI is transforming India's FMCG and retail sector? Why ‘natural’ toothpastes are on the wane? Explanation of : Regulations To Control Misleading Food Advertisements In India.
How AI is transforming India's FMCG and retail sector
At its recent annual general meeting, Swiss F&B giant Nestlé pointed out that AI has helped its India subsidiary customise consumer choices and plan new launches better. How? “We are using AI in India to assess multiple types of data that give insights down to a postal code and demographic level. This level of customisation has benefitted us as well as our customers and consumers,” CEO Mark Schneider said.
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FMCG Q4 Earnings: Hits & Misses
With the fourth quarter earnings season almost done, fast moving consumer goods (FMCG) companies showcased mixed performance in terms of sales growth and margin expansion.
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Explained: Regulations To Control Misleading Food Advertisements In India
On April 29, the Advertisement Monitoring Committee at the Food Safety and Standards Authority of India (FSSAI) flagged 32 fresh cases of food business operators (FBOs) making misleading claims and advertisements.
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Why ‘natural’ toothpastes are on the wane
On an analysts’ call, Colgate Palmolive India CEO Prabha Narasimhan said the ‘natural’ segment of the toothpaste market has plateaued and even declined somewhat after growing by nine percentage points over 2016-19.
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P&G announces 'First-of-its-kind' caregiving policies for employees, to provide end-to-end support
FMCG major Procter & Gamble India has announced first-of-its-kind caregiving policies for its employees, under which the employees will be provided with end-to-end support as well as other amenities.
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Top 10 Best Consumer Products Companies In India In 2023
In India, consumer products companies have been growing steadily in recent years. As the economy continues to expand and consumer demand increases, businesses are becoming more focused on providing quality consumer goods.
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Brands expand retail footprint with online D2C channels
Traditional retail brands that relied heavily on offline channels for sales have started to rethink strategies, launching exclusive direct-to-consumer (D2C) online channels to reach out to more consumers.
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