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ITC CONSUMER SPENDING
India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...
ITC's packaged foods business crosses $2 billion in revenueITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was ...
ITC bulking up with products rich in protein and fibre: Sanjiv Puri“India is also a protein-deficient market. We already have offerings such as high-protein atta, soya chunks and protein shakes, and we will...
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
Beyond the room: Why India Inc's luxury hospitality bet is becoming an experience businessIndia's luxury hotels are evolving beyond just rooms. Companies are now creating immersive experiences that blend wellness, food, and cultu...
Quick commerce becomes FMCG's biggest online sales channel in IndiaLatest data from companies including ITC Ltd, AWL Agri Business, Tata Consumer Products and Parle Products showed quick commerce accounted ...
ITC reports weakest FMCG consumer spend in a decadeITC Ltd's FMCG consumer spending experienced a significant slowdown in fiscal year 2024-25, growing by only 4.6% to ₹34,000 crore, a stark ...
ITC says consumer spending rises 4.6 pc to Rs 34,000 cr in FY25, launches 100 new FMCG productsITC's consumer spending on FMCG products rose to nearly Rs 34,000 crore in FY25, a 4.6% increase, fueled by 100 new product launches. The c...
ITC shifts gears with new food range for those over 45ITC Foods is turning its attention to consumers aged 45 and above, a group frequently overlooked for younger demographics. Known for brands...
Consumer spending on ITCs' goods rises 12 pc to Rs 32,500 crore in FY24ITC, headquartered in Kolkata, remains optimistic about expanding its FMCG business with a strong portfolio and efficient supply chain, gen...
ITC's FMCG biz grows at 14% CAGR in last 3 yrs, Aashirvaad becomes Rs 8,000 cr brandITC is "one of the fastest growing FMCG Businesses in India" with rapid scale in revenues, which is largely "driven by brands developed in-...
ITC bets big on FMCG business for growth"The ITC Next strategy for the FMCG business is to build a future-ready portfolio. With more than 25 brands at the moment, the annual consu...
ITC's FMCG biz records 21 pc rise in annual consumer spend at Rs 29,000 cr in FY23Diversified conglomerate ITC's FMCG business has recorded a 21 per cent rise in annual consumer spend to nearly Rs 29,000 crore in 2022-23,...
FMCG business brings in Rs 29,000 crore for ITC amid surging consumer spendsITC, the Kolkata-based conglomerate, reported that consumers spent over ₹29,000 crore on its fast-moving consumer goods (FMCG) in the fisca...
ITC FMCG business' annual consumer spend over Rs 24,000 crore in FY22ITC portfolio of "over 25 world-class Indian brands, largely built through an organic growth strategy in a relatively short period of time,...
ITC's FMCG brands cross Rs 22,000 crore annual consumer spend in FY21ITC chairman Sanjiv Puri had recently told ET that the company may further downsize the lifestyle retail business due to lack of synergies ...
ITC now gets nearly 60% sales from non-cigarette businessesDeveshwar said that ITC was on track to achieve Rs 1 lakh crore revenue from the non-cigarette FMCG business by 2030.
ITC’s media account may soon be up for grabsTobacco-to-consumer goods conglomerate ITC is likely to put its media account up for pitch soon as its contract with Madison World ends in ...
ITC targeting Rs 1 lakh crore sales from new FMCG businessesDeveshwar said ITC’s newer FMCG businesses growth has been rated by a recent Nielsen report to be the fastest among the consumer goods comp...
- FMCG newbies ITC, P&G, L'Oreal cut prices to gain market share
The hyper-competitive fast-moving consumer goods (FMCG) sector is forcing companies to sacrifice profitability in favour of market share ga...