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ANGSHU MALLICK
Small packs make big gains as budgets shrink and costs riseWith inflation on the rise, Indian shoppers are favoring compact product packaging. This shift not only reflects changing consumer habits b...- Consumer companies feel summer wedding glow as jewellery, appliances, staples sales outpace winter gainsSummer weddings are driving a significant spending surge across India. Strong rural incomes from a good harvest are boosting sales of every...
- Gulf war fuels raw material inflation, FMCG firms shift to daily pricing strategyIn light of Gulf War, consumer goods sectors are battling unprecedented rises in raw material costs. Firms are now implementing daily price...
- India Inc ramps up exports as Iran ceasefire reopens Middle East tradeIndian businesses are seizing opportunities after the Iran war ceasefire. Exports are resuming, and factories are returning to full capacit...
- Consumer goods cos keeps FY27 capex intact despite Iran war, rising crude and input costsDespite rising input costs due to the Iran war, leading consumer goods makers are maintaining their capital expenditure plans for FY27. Com...
- GST cuts: No impact on edible oil, but boost to processed foods demand says Adani Wilmar CEOGST cuts on margarine, soya nuggets, jams, and jellies are set to boost India’s processed food sector, says Adani Wilmar CEO Angshu Mallick...
- Adani Wilmar bets on urban revival, quick grocery delivery to boost growthAdani Wilmar's CEO, Angshu Mallick, anticipates a 10% rise in sales volumes next fiscal year, driven by increased demand from quick grocery...
- Edible oil volume growth expected to stabilize at 8-10%: Angshu Mallick, Adani WilmarSee, palm oil has another role of other than edible oil, it also goes for biofuel and both Indonesia, Malaysia has a certain mandate for bi...
- Adani Wilmar food business should double for next 3-5 years: Angshu MallickAdani Wilmar expects improved margins in FY25 with a focus on oil meal products and distribution efficiency. Angshu Mallick foresees doubli...
- There’s been a complete turnaround from Q1 and Q2; in Q3, we are back to normal: Angshu Mallick, Adani WilmarAngshu Mallick and Shrikant Kanhere of Adani Wilmar discuss the company's performance and future outlook. They highlight the turnaround in ...
- In Q3 and Q4, we should be able to recover whatever we have lost in Q1 and Q2: Adani Wilmar management“In exports, we have a two-brand strategy. One is Fortune and one is Jubilee brand. We now export to almost 50 countries. And we are now ex...
- Adani Wilmar management blames sharp fall in edible oil prices for Q1 lossesAdani Wilmar, the largest packaged oil maker in India, has suffered in Q1 due to a decrease in edible oil prices. CEO and managing director...
- 'Adani Wilmar margin to improve as food becomes biggest business for next 5 yrs'“The whole focus of the company for next 5-10 years is going to be the food business because edible oil is a steady state mature business a...
- Sourav Ganguly to continue as brand ambassador of Adani Wilmar“We wish our dearest Dada, Sourav Ganguly, a speedy recovery and he will continue to be our brand ambassador. This a very unfortunate incid...
- Cooking oil demand from big buyers to fall 30-35%Demand from big buyers is likely to fall 30-35% this year, said Sudhakar Desai, president of the Indian Vegetable Oil Producers’ Associatio...
- Festive season may not affect edible oil pricesIndustry wants the duty on refined oils to be raised to 35% from 20 per cent now.
- Edible oil firms hope demand likely to pick upPalm oil prices are likely to fall as Indonesia has withdrawn the export duty on July shipments. Soyabean prices are low due to the monsoon...
- Summer cools off domestic demand for edible oil in may“There was a feeling in the market that prices will decline, and that is why they had put their purchase on hold.” Another reason, Mallick ...
- Edible oil companies hold prices flat as rupee firms up against US dollarPalm oil price has gone up 12.44% while soya oil turned 2.5% costlier in the international market in the past 45 days.
- Adani Wilmar to invest Rs 600 crore in capacity expansion"The company will invest around Rs 600 crore in all the 16 refineries for expansion of refining capacity as well as packing"
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