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ITC ramps up cloud kitchen operations, targets major Indian cities
ITC plans to scale up the cloud kitchen business it has been piloting in Bengaluru. The conglomerate, renowned for offering North Indian lunch and...
Hindustan Unilever’s margin restructuring sparks discontent among FMCG distributors in India, AICPDF labels move as ‘draconian agenda’
FMCG (Fast-Moving Consumer Goods) distributors in India express dissatisfaction and resist Hindustan Unilever's (HUL) changes to their margin structure. They claim that the FMCG...
Amazon and Flipkart’s ad revenue hits INR 8,705 Crore in FY23, reflecting a 39% upswing
Ecommerce giants Amazon and Flipkart saw a notable 39% surge in their combined advertising revenue, amounting to INR 8,705 crore for the fiscal year...
Tata Coffee to merge with Tata Consumer Products and TCPL Beverages on January 1
Tata Coffee's amalgamation with Fast Moving Consumer Goods (FMCG) entity Tata Consumer Products Ltd (TCPL) and TCPL Beverages & Foods is set to take...
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...
Spice brand Pushp secures INR 100 Crore funding from Sixth Sense Ventures
Sixth Sense Ventures, the consumer-focused fund that has supported companies like Bira91, Vahdam Teas, and Veeba Foods, has infused INR 100 crore into the...
FMCG companies anticipate volume recovery in next fiscal despite lingering inflation, banking on strategic price cuts
Prices of edible oil, a category that witnessed the most significant inflation in the consumer basket following the Covid pandemic, have decreased by 13-30%...
ITC aims for double-digit market share in smoothies and milkshakes, expanding reach beyond airports
ITC Ltd, a prominent player in the Fast-Moving Consumer Goods (FMCG) sector, anticipates achieving a double-digit market share in the smoothies and milkshake beverage...
IFFCO Group and Tetra Pak collaborate for sustainable manufacturing in Saudi Arabia
The IFFCO Group, as part of its strategic plans based on Environmental, Social, and Governance (ESG) principles in the Kingdom of Saudi Arabia, has...
Consumer companies anticipate demand resurgence, eyeing March-April for recovery
The upcoming general elections and a subsequent decrease in inflation are expected to boost consumer demand across various sectors, ranging from groceries to apparel...
Indian FMCG sector eyes robust growth in 2024 amidst favorable market conditions
From a rise in rural demand to increased volumes and favourable commodity prices, the FMCG industry in the country is optimistic about various factors...
FMCG giants turn to data forecasting to address online stock gaps in quick commerce
As quick commerce (Q-comm) gains prominence as the top-performing channel, major FMCG companies like Nestle, ITC, Parle Products, LT Foods, and Coca-Cola are swiftly...