Consumer goods
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Consumer goods giants double down on India investments despite downturn, banking on demand resurgence
Several major consumer goods corporations such as Nestle, Dabur, Coca-Cola, Mondelez, and Procter & Gamble are planning significant investments in India to expand production...
Interim budget 2024 falls short on immediate rural consumption revival, companies pin hopes on long-term impact through rural housing and post-harvest initiatives
Consumer goods companies have indicated that, while the interim budget may not promptly initiate a consumption revival, an enhanced emphasis on rural housing and...
P&G collaborates with McKinsey for operational restructuring, aiming for agility and accelerated growth
Procter & Gamble (P&G), the world's largest consumer goods manufacturer, has enlisted the expertise of management consultancy firm McKinsey & Co to initiate a...
Hindustan Unilever signals cautious optimism in Q3 results, expects sustained recovery in market demand
Hindustan Unilever, a leading player in consumer goods, expressed cautious optimism during the announcement of its third-quarter results. The company anticipates a sustained recovery...
Hindustan Unilever downplays marginal friction with distributors, emphasizes gains in new margin structure
Hindustan Unilever, the largest consumer goods company in the country, stated that its distributors now have the opportunity to earn an additional 70 basis...
Major consumer goods companies overhaul distribution strategies to revitalize rural markets and boost sales amidst sluggish demand
About a dozen major consumer goods companies, such as Hindustan Unilever, Marico, Parle, Nestle, and Dabur, are restructuring their distribution strategies as part of...
After a challenging year, consumer goods sector sets sights on robust recovery in 2024
Feeble consumer sentiment and subdued demand dominated the narrative for producers of packaged consumer goods in 2023. However, the forthcoming year presents optimism, anticipating...
FMCG companies bet on Price-Point Packs to tap rapid growth in rural India
Price-Point Packs (PPP) remain a key driver of growth in the fast-moving consumer goods (FMCG) sector. Companies anticipate a surge in demand from rural...
Consumer goods companies adjust projections, expect demand recovery in FY25
Consumer goods companies have revised their initial projections, now anticipating a recovery in demand only during the first quarter of FY25. This marks a...
Eyeing revival, FMCG companies turn focus back to kirana stores
Sales of fast-moving consumer goods in kirana stores or traditional shops have decelerated, according to chief executives of companies like Marico, Dabur, Emami, and...
India leads Asia-Pacific markets as top performer for global consumer goods corporations
The Indian market has showcased remarkable performance in contrast to the rest of the Asia Pacific, including China, for numerous major global consumer goods...
Erratic monsoon and currency depreciation could keep consumer staples prices elevated this festive season
Consumer goods firms have indicated that unpredictable monsoon patterns and a devalued rupee could result in elevated prices of essential products during the approaching...