Focussed on scaling up FMCG business: ITCITC Limited is looking to expand its FMCG business in categories having low household penetration to achieve long-term growth. It sees sign...
11 Jul, 2023, 02.38 PM IST
Competition builds up fast for FMCG companiesTo be sure, RIL is not alone in articulating its FMCG ambitions. Amul India's goal, under its new CEO, is to become a total foods company a...
24 Mar, 2023, 12.27 AM IST
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,...
22 Jun, 2022, 04.39 PM IST
ITC looks to expand food portfolio to boost turnoverThe food category, which drives the fast moving consumer durable industry, is expected to contribute around 60-65 per cent of its turnover ...
15 Nov, 2018, 06.34 PM IST
ITC says biggest headroom for growth in FMCG businessThe soap-to-cigarette maker would explore newer areas progressively, similar to what it did with the recent foray in fruits, fruit juices, ...
27 Nov, 2017, 05.21 PM IST
Private dairies under margin pressure on increased investments, costsUmang Dairies’ net profit slipped to Rs 2.84 lakh in the quarter ended September from Rs 11.72 lakh in the previous quarter.
14 Nov, 2016, 06.31 PM IST
Dairy companies spot a land of milk and honey in North East“NE India is a potential market for us and we will be sourcing our milk requirements locally to connect the farmers to the market,“ said RS...
25 Jul, 2016, 03.55 PM IST
Stepping down of YC Deveshwar and guiding the next leader to work well for the firm: Kaustabh Pawaskar, Sharekhan"I think the business is on the growth prospects. Under his leadership the company has already taken a step to de-risk business model."
22 Jun, 2016, 10.00 AM IST
Mid-sized private dairies gear up to face competitionThe upcoming plant will be the company's first plant in Telangana and will cater to both Hyderabad and Amaravati markets and is ex pected t...
09 Jun, 2016, 01.20 PM IST
Lactalis eyeing more buyouts in Indian dairy sector to consolidate presenceLast month, the world’s largest dairy group agreed to acquire the dairy business of Indore-based Anik Industries for Rs 470 crore.
21 Apr, 2016, 05.34 AM IST
Lactalis eyes more buyouts in Indian dairyWhen contacted, Lactalis India CEO Rahul Kumar admitted their plans to further consolidate the presence in the Indian dairy space through a...
20 Apr, 2016, 04.27 PM IST
Amul to set up Rs 250-crore dairy processing plant in West BengalInvestment wise it may not be huge, but it's still Rs 250 crore from one of the biggest brands in the country, which has deemed the state f...
20 Feb, 2015, 04.08 PM IST
ITC to invest Rs 1,000 crore into dairy, juice businessEarly this year ITC acquired B Natural juice brand for about Rs 50-60 cr, which is now being modernised in terms of formulation and packagi...
09 Dec, 2014, 04.25 AM IST
ITC is ready to foray into electronic cigarettes businessE-cigarettes are battery-operated designed to deliver nicotine, flavour and other chemicals by turning chemicals, including highly addictiv...
31 Jul, 2014, 06.21 AM IST
ITC set to sell coffee, tea, chocolates to become No. 1 in FMCG: YC DeveshwarWhile all these new categories will have a high gestation cost, this is the best time to absorb these, he told shareholders in a meeting.
30 Jul, 2014, 02.56 PM IST
- New Article
Over the past 1 year, when most mid-sized FMCG companies have outperformed the Sensex, Britannia has registered a subdued performance, with...
23 Nov, 2009, 04.44 PM IST
- Commodity price rise a big growth hurdle
Over the past one year, when most mid-sized FMCG companies have outperformed the Sensex, the Rs 3,000-crore Britannia Industries has regist...
23 Nov, 2009, 09.40 AM IST