Tag: FMCG
This Indian State-owned Aerospace Company Strikes Biggest ₹48,000 Crore ‘Make in India Deal’ from Indian Government; Will Boost its Fortunes to Become the New Multibagger Candidate in Defence Sector
This Leading Indian Food Delivery Company Enters FMCG Business Will Trigger its Transformation into a MultiBagger Company; to Directly Compete With Giants like HUL & Nestle
This Kolkata based Food Products Manufacturer in Consumption Space to Dominate Market Share in FMCG Industry in Medium Term
Britannia has risen as the quickest developing in the FMCG space during the lockdown as restaurants are closed and the absence of household help like maids and servants constrained numerous Indian buyers to incline toward ready-to-eat food and nourishments. Market experts anticipate that the pattern should sustain now for a long time. While Covid-19 has […]
Avoid This Ice Cream Companies Facing Summer Meltdown as Sales Dive 40%; Big Players Battles Online Route as Sales Freeze
Slowdown Blues: FMCG Sector to face Worst Slump in Revenue Growth in 15 years
India’s FMCG industry could witness its slowest growth in a decade and a half this financial year, Credit Suisse warns, citing liquidity constraints and weak farm incomes. The I-bank estimates revenue at consumer goods companies to grow by about 5% in the second and third quarters of FY20, akin to rates last seen during 2000-03.
Amid India’s Massive Economic Slowdown; Indian Consumer Spending on E-Commerce Sites has fallen by 25 Percent in First Half of 2019
Consumer spending on e-commerce sites has fallen by a fifth in the first half of 2019, Economic Times reports, citing a Kantar report. Average spending is down 21% while average ticket size has dropped 27% over the previous year. The key categories of mobiles and fashion saw a 16-17% decline in buyer numbers. Companies are […]
Spinning Industry Biggest Crisis Ever; 35 Percent of India’s Cotton Yarn Production Capacity has been Shut Down
FMCG Industry Crisis as Rural India stops spending, affected by Massive Economic Slowdown
People in rural India are holding back on items such as clothes, hair oil and biscuits, Business Insider reports, citing multiple research reports. That’s largely because rural wage growth reduced from 14.6% in 2013-14 to just 1.1% in 2018-19, an SBI Ecowrap study shows. Biscuits as a category, for instance, is growing at just 1%, […]