The company would be setting up their greenfield production unit in neighbouring Chengalpet district to produce body care products, Minister for industries T R B Rajaa said
"Your company's vibrant portfolio of over 25 world-class Indian brands, largely built through an organic growth strategy in a relatively short period of time, represents an annual consumer spend of nearly Rs 29,000 crore and...
Overall, the sector witnessed some improvement in demand, which was more visible in specific categories buoyed by the festive fervour and oncoming winter season
Indian stock markets have seen significant growth in the last five years with companies posting good returns. However, FMCG major Emami Ltd, which owns popular brands like Kesh King and Navratna, stands out as an exception
_1642187068.jpg "FMCG Companies Witness Pantry Loading By Customers Amid Surge In Covid-19 Cases")
Growth is "fuelled" by large packs as there is a distinct trend of consumers upgrading to medium and high-value packs for its various key FMCG categories, said Jyothy Labs, maker of branded products like Ujala, Henko, Margo,...
The domestic FMCG industry continued to be "hit hard by inflation levels" leading to successive price hikes as well as impacting volumes during the three months ended June, said the leading FMCG players in their update for...
The Mumbai-based Onest Ltd is primarily engaged in the Fast Moving Consumer Goods (FMCG) market with a range of home care and personal care products, food products and household products catering to B2B2C and B2B customers....
Rural India witnessed 5.3 per cent dip in volume in the period. This is the highest consumption slowdown in the last three quarters
As Adani Wilmar eyes domination of the domestic edible oils market, focus falls on the implications of geopolitical concerns
The acquisition will fuel the next level of growth for AWL and widen the portfolio to cater to premium customer segments across rice and other value-added food...
The ongoing war between Russia and Ukraine has also added another blow to FMCG makers as they expect a rise in the prices of wheat, edible oil, and crude.
The development comes as the company’s existing CEO and MD Ram Raghavan will be taking over as the president of the parent company.
Rao has been appointed as Executive Director, Beauty & Wellbeing and Personal Care, while Subramanian has been named as Executive Director, Home Care.
The company is separating the position of the Chairman of the Board and CEO & MD, according to a statement.
Retail inflation in India rose to a seven-month high of 6.01 per cent in January, breaching the upper tolerance level set during former RBI governor Raghuram...
