FMCG Consumer Goods

Made-for-India consumer packaged goods brand Independence will roll out nationally after Gujarat unveiling

What do industry trends say about consumption and the economy?

While TVs and luxury apparel flew off the shelves in cities, rural demand for FMCG products saw a negligible jump in October. What do these industries say about consumption in India and its economy?

Urban demand also hit, but not as badly; Overall FMCG sales decline 15.3% MoM and 2.7% YoY

Company says gross margins shrank 230 bps in Q2FY23 due to inflationary pressures and an unfavourable portfolio mix due to extraordinary high sales of pain management products last year

In October, FMCG sales in rural areas stood at 0.8 per cent while urban sales declined 0.1 per cent against September, according to data by Bizom- a retail intelligence platform

The frequency with which distributors procure stocks from companies has reduced

Product launched in Bengal, Delhi and Mumbai across general trade; will be available pan-India in phases, and across modern trade and major e-commerce platforms as well

Growth in volumes in the recent past was affected due to a significant surge in product prices

Volumes to remain under pressure due to grammage reductions

Firm to focus on new launches with high margins and high growth

By acquiring a string of local consumer brands, the conglomerate is looking to build volumes and scale in its private label retail business

In comparison, urban sales were up 5.5% month-on-month

In the non-foods space, it has entered the personal care and home care business

From biscuits to fuel, Ukraine war driving up prices of everything

The Ukraine crisis has led to a rally in commodity prices. Consumer goods companies, hit with high input costs, are now passing on the price rise to customers. Will there be more price rise in FMCG?

The Fast Moving Consumer Goods (FMCG) market will see further tapering down and decline in volumes, especially in the in-home consumption category due to a higher base effect

Volume recovery, expansion in new geographies and debt reduction are key positives

Key brands such as Maggi, Nescafe and KitKat posted robust growth in the Indian market in 2020, Nestle said in a post-earnings statement

While its domestic business, which makes up over 90% of its topline, grew 10.1%, exports declined 7.7% during the quarter

The brand would be the first from the personal care portfolio to clock in consumer spend of Rs 1,000 crore, says firm

The Covid-19 pandemic has spurred consumer goods firms to work with Big Blue to drive their digital transformation efforts, write Peerzada Abrar and Sai Ishwar