FMCG
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B2B platform Udaan ships over 2.25 Billion products in 2023, 900 sellers achieve INR 1 Crore sales each
Udaan, a leading B2B e-commerce platform, shipped over 2.25 billion products across India in 2023. Additionally, 900 sellers on the platform achieved sales worth...
Digital-first D2C brands intensify brick-and-mortar presence to drive expansion and revenue growth
Last month, Ghazal Alagh, co-founder of Mamaearth, India's leading direct-to-consumer (D2C) brand, shared on social media platform X: 'We continue to strengthen and expand...
Tata Consumer Products eyes further acquisitions after Capital Foods and Organic India deals
After acquiring Capital Foods and Organic India, Tata Consumer Products Limited (TCPL), a fast-moving consumer goods (FMCG) manufacturer, is prepared for further acquisitions. According...
FMCG giants boost advertising spend, surpass pre-Covid levels amid economic boom
In the December quarter, advertising expenses as a proportion of sales at leading fast-moving consumer goods (FMCG) companies exceeded pre-Covid levels for the first...
Ice cream sales soar in Gujarat as summer cravings kick in early: Anticipated to break records this season
Although summer hasn't officially arrived, the craving for a summertime favorite has already taken hold. Ice cream brands are experiencing a surge in sales...
HCCB strengthens presence in Madhya Pradesh with INR 350 Crore investment
In a strategic maneuver emphasizing its dedication to Madhya Pradesh's economic development, Hindustan Coca-Cola Beverages (HCCB), a leading FMCG company in India, has announced...
Marico Innovation Foundation facilitates collaboration between innovators and FMCG giants to curb plastic usage
The Marico Innovation Foundation (MIF), led by Harsh Mariwala, is actively fostering partnerships between innovators and Fast-Moving Consumer Goods (FMCG) companies to promote inventive...
Gopal Snacks sets IPO price band at INR 381-401 per share, subscription opens March 6
Gopal Snacks has announced the price band for its upcoming initial public offering (IPO) at INR 381-401 per equity share. Subscription for the offering...
B2B ecommerce platform Moglix considers base relocation to India amid plans for public debut
Moglix, a B2B ecommerce platform, is reportedly planning to relocate its base to India. This potential move comes on the back of its plans...
Rural consumption trends shift: JM Financial Report highlights decline in food expenditure, signals rise in discretionary spending
According to a report by JM Financial Institutional Securities, the decline in the share of food expenditure to 46.3 percent in the rural consumption...
FMCG giants raise prices by up to 10% to bolster profits amid slow demand recovery
Fast-moving consumer goods (FMCG) companies have increased prices by as much as 10% in efforts to stimulate top-line growth, which has been hampered by...
Reliance partners with Sri Lanka’s Elephant House to expand beverage portfolio in India, taking on Coca-Cola and Pepsi
Reliance's FMCG division has partnered with a prominent Sri Lankan beverage company to bring the Elephant House brand to India. This strategic move is...