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CII FMCG SUMMIT
GST cuts yet to fully lift FMCG demand as consumers prioritise big-ticket buysThe FMCG sector is observing the effects of recent GST rate reductions. Consumers initially focused on larger purchases like cars and durab...- FMCG sector needs to reignite volume expansion, embrace distribution innovation, say expertsIndia's FMCG sector faces a growth challenge. Experts at a CII summit stressed the need for volume growth and innovation. Modern trade and ...
- "We should expand our horizon": Bangladesh PM's adviser on economic cooperation with IndiaBangladesh Prime Minister Sheikh Hasina's Private Industry and Investment Adviser, Salman F Rehman, emphasized expanding economic cooperati...
- FMCG market to recover completely only by April-June quarter next yearSince a year, there has been a noticeable drop in rural volume due to inflation and erratic monsoons. While the demand in cities is leading...
- Upskilling and reskilling will boost the FMCG sector at a faster pace: CIICompanies said they are looking at digital savvy consumers today which means even within the organization a lot of skill sets have begun to...
- 'Rapid digital evolution leading to personalised consumption; speed to be key for FMCG supply chains'In countries such as China, personalised consumption is exploding and it has a lot of implications on brands, he pointed out.
- Kirana revival a key pivot in distribution chain of FMCG, say industry executivesApart from investment in eCommerce due to surge in online shopping amid the pandemic, FMCG companies are extending support and chasing the ...
- Consumer purchases becoming omni-channel, says GCPL CEOThe evolution of online and direct-to-consumer approach is "blurring" the retail formats as they are "merging and crisscrossing", he said, ...
- Kirana revival one of the key pivots in distribution chain of FMCG firms: Industry executivesTop industry executives said that apart from investment in ecommerce due to surge in online shopping amid the pandemic, FMCG companies are ...
- Indian market has 'massive' potential: RB CEO Laxman Narasimhan"I am deeply optimistic that a lot of the future innovation will come from India. I have my eyes out for that," Narasimhan said in his virt...
- Nestle examining show-cause notice on GST benefits"I respect the authority for the order they have passed. However, it is very unfortunate that despite all the evidence that we had provided...
- Indian consumers not so sensitive to discounts: Indian FMCG LeadersIt was noted that in case of online shopping, convenience has overtaken discounts as a key driver for buying online.
- Nestle India gears up to launch more Maggi variantsA month after Nestle India relaunched Maggi noodles in the Indian market, the company said it will launch other variants of the brand such ...
- Demographic shifts, ecommerce, digital space to reshape FMCG: ReportBy 2020, close to 150 million consumers are expected to be digitally influenced in FMCG and these digital consumers alone would spend about...
- Modern trade to jump five fold to $200 billion by 2021: BCG"We find transformation in FMCG and retail is critical to the profitable growth of the sector," BCG senior partner and director, Abheek Sin...
- Property business to be single biggest division in next 10 yrs: Adi GodrejGodrej expects its real estate division to become its single biggest business in the next ten years, even ahead of its bread and butter FMC...
- India Inc hails Narendra Modi's re-electionBusiness leaders hailed Narendra Modi’s third consecutive victory in Gujarat with some hoping that the “reformer” and “performer” is now po...
- Hinterlands offers huge scope for FMCG growth: Nielsen reportThe hinterlands would be the key growth engine for FMCG companies over the next decade or so as they would account for significant growth i...
- ITC looking for acquisition of hotelsWith the global downturn throwing up opportunities to take over valuable assets at attractive price, diversified conglomerate ITC Limited s...
- Demand for FMCG products rises 25 pc in rural mktFMCG product sales in the non-essential premium segment have grown at a rate of 25 per cent annually in the rural market during 2004-07, sa...
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