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Thursday, November 14, 2024

FMCG

CBIC to compile catalog addressing classification discrepancies leading to Litigation in FMCG sector

News
The Central Board of Indirect Taxes and Customs (CBIC) is in the process of compiling a catalog of items that become subjects of litigation...

FMCG companies and Kirana stores gear up for summer: Dairy and beverage sales spike across India

News
Cities throughout India are experiencing the onset of the early summer season, marked by intense heat and temperatures surpassing the usual. This seasonal transition...

FMCG sector to experience subdued growth until September quarter in 2024: Kantar

News
The FMCG sector is anticipated to experience modest growth throughout 2024 until the September quarter, as indicated by Kantar, a research and insights firm....

FMCG companies boost production of affordable snacks and beverages ahead of general elections, anticipating surge in demand

News
Consumer goods companies are ramping up their inventory of small packs of biscuits, bhujias, chips, packaged water, and beverages priced at INR 5 and...

D2C brands biggest disruptions to FMCG players, says Marico Founder Harsh Mariwala

FMCG
Harsh Mariwala, the Founder of Marico, believes that Direct-to-Consumer (D2C) brands are the primary disruptors of FMCG companies. “Entry barriers in terms of distribution, and...

Tata Consumer Products eyes further acquisitions after Capital Foods and Organic India deals

News
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

News
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...

Marico Innovation Foundation facilitates collaboration between innovators and FMCG giants to curb plastic usage

News
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...

FMCG giants raise prices by up to 10% to bolster profits amid slow demand recovery

News
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...

SC slams Patanjali Ayurved for misleading ads, bans promotion of medical claims; contempt notice issued

News
The Supreme Court came down heavily on Patanjali Ayurved on Tuesday for its 'misleading' advertisements, imposing a ban on the company from promoting any...

Indian FMCG firms turn to Dubai as launchpad for international expansion

News
Several Indian fast-moving consumer goods (FMCG) companies are considering Dubai as the base for their global expansion, according to Ashraf A. Mahate, the chief...

FMCG companies eye price-led growth with planned hikes in consumer goods

News
Following a notable decrease in input material costs last year and subsequent price reductions affecting the value growth rate of the fast-moving consumer goods...
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