Nielsen defines middle India as urban but towns with population of 1-10 lakh, excluding rural centres and metros.
Flat growth will be on account of 18 per cent decline in April-June quarter
Though the FMCG industry has shown some sign of improvements in June, but in the first half of the year the industry growth slipped to negative with 6% decline
28% consumers keen on buying home appliances, while other discretionary spending is on hold, says Nielsen survey
This number was significantly higher for outlets other than chemists and grocers, Nielsen said in the third edition of its report on FMCG sector after Covid-19
Traditional trade sees bigger drop, says Nielsen
The data released by Nielsen and the Broadcast Audience Research Council (BARC) shows that internet usage has grown sharply in cities over the last one month, touching 54 per cent
Beauty products segment witnesses 0.8% decline in March, says Nielsen
Nielsen estimates 5-6% full-year growth, down from 9-10 %
The ongoing lockdown has left 34% unhappy, while 41% are not at peace at all
According to Nielsen's estimates, India's Rs 4 trillion FMCG market is expected to grow by 10% in calendar year 2020 (CY20)
"In the last month and a half, HUL's stock price has corrected from levels of about Rs 2,179 per share to Rs 1,964 now"
At 2%, he said, India is already equal to markets such as Canada, Germany, Spain, and Italy in terms of e-commerce penetration for FMCG products
The move, which is backed by one of its biggest shareholders Elliott Management, sent the company's shares up 5% in premarket trading
Car sales in August fell the most on record and Maruti Suzuki India Ltd
Adi Godrej and ITC Chairman Sanjiv Puri were in Delhi this month to meet Finance Minister Nirmala Sitharaman as part of an outreach programme to tackle the slowdown
The expanded review includes an assessment of a broad range of options, including continuing to operate as a public, independent company
India topped the list of countries with a score of 133, a point lower than the nine-year high of 134 in Q1 CY16