'Foreign institutional investment (FII) is expected to reverse when these macro headwinds stabilise for a few months'
The second of a four-part series focuses on how food companies are yet to pass on the benefit of the decline in input prices to consumers
Commentary to watch out for from consumer companies includes rural demand, overall demand impact due to high commodity costs, and volume growth
Rural demand another reason for buoyant sentiment towards FMCG stocks
'Bhau Saheb' was not globally famous, but was among the pioneers who built HUL and the FMCG industry between the 1950s and the 1970s
The country's 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, according to Godrej
ITC has been gaining market share in cigarettes over the last one year through new premium products & aggrieve trade promotions
Sales of goods from shampoos to biscuits stayed lower due to inflationary pressures on commodities
India ranks as the fifth-highest country in the generation of plastic waste with an annual discharge of 3.5 million tonne in fiscal year 2020, according to a note by Kotak Institutional Equities.
FMCG, construction materials were among other sectors to see large outflow, while metals, power, discretionary consumption and telecom saw inflows
In May, Ruchi Soya announced the acquisition of Patanjali Ayurved's entire food business for Rs 690 crore, in order to speed up its transition into an FMCG company
Country going through probably the most difficult economic situation, says chairman
Govt has decided to phase out single-use plastic from the country. So, FMCG companies are now scrambling to find a replacement for plastic straws. Here's an insight into the world of plastic straws
ITC's FMCG brands crossed annual consumer spend of Rs 24,000 crore and the year also saw about 110 new product launches from the segment
ITC, which owns brands like Aashirvaad, Bingo, Classmate, Savlon and YiPPee, "remains focused on rapidly scaling up the FMCG biz anchored on strong growth platforms and a future-ready portfolio".
While tax evasion, technical glitches, and litigation continue to plague the indirect tax system, the revenue collections have picked up in recent months
It is gearing up to make the six billion paper straws per annum needed by FMCG companies
With the government banning plastic straws with effect from July 1, the Rs 6,000-crore small tetra pack industry making beverages have no choice but to shift to paper straws, which are more expensive
Cost of importing paper straws goes up significantly as India doesn't have capacities to manufacture paper straws yet
Sales in urban areas in May were down 16 per cent and those in rural parts 16.6 per cent (against April)