Budget to fuel consumption; positive specially for mid-income consumers across 2 and 3 tier markets“The budget will push and revive demand growth in both urban and rural markets that will in turn drive the Indian economy,” said Kalpesh Pa...
01 Feb, 2023, 03.57 PM IST
COVID-19 second wave poses challenge for FMCG industry, rural demand may be blunted: ITCIn terms of consumption, urban-led recovery may be relatively muted compared to the first wave, while rural demand may also be blunted by t...
14 Jul, 2021, 01.13 PM IST
Budget 2021: Infrastructure, farm sector & jobs focus to put FMCG in fast laneFinance minister Nirmala Sitharaman increased spending on rural infrastructure development by 34% to ₹40,000 crore and doubled micro-irriga...
02 Feb, 2021, 08.28 AM IST
Budget Impact: FMCG companies expect consumption surgeFinance Minister Nirmala Sitharaman announced increases in rural infrastructure development by 34% to Rs 40,000 crore and doubling of micro...
01 Feb, 2021, 08.13 PM IST
Companies step up customised adverts for small town, rural consumers in response to demandLarge Indian consumer goods companies including Parle, Coca-Cola, ITC, Dabur and Marico said they are escalating advertising customised to ...
08 Dec, 2020, 08.10 PM IST
FMCG companies in a faster lane in rural marketsHigher farm income, minimal retail disruption during lockdown, migrant workers returning home drive sales.
29 Jun, 2020, 07.55 AM IST
Essar Ports Oct-Dec cargo volume up 20%Boost in hinterland industry consumption has been the key growth driver, MD and CEO said.
30 Jan, 2020, 03.11 PM IST
CreditAccess Grameen reports Rs 96 crore profit in Q1The MFI has further expanded its presence in Rajasthan and Gujarat in July.
31 Jul, 2019, 05.28 PM IST
Industry expects budget boosting insurance peneration"The interim budget aims to uplift the poor, both in cities as well as in villages," ICICI Lombard General Insurance's Bhargav Dasgupta sai...
01 Feb, 2019, 05.33 PM IST
Crisil says Budget only 'mildly supportive of growth'Noting that the Budget is only "mildly growth supportive", it said the key focus is to revive the rural sector by bolstering agriculture an...
02 Feb, 2017, 05.50 PM IST
Budget 2017: Sops for rural sector to revive growth in hinterlandRural growth has decelerated to lower single digit last year from mid-teens during 2010-15, but many expect an uptick now.
01 Feb, 2017, 02.10 PM IST
FMCG companies hit as droughts cut rural spendsAn insufficient monsoon, a reduction in subsidies and now the prevailing drought in some states has resulted in consumers downtrading to ch...
02 Apr, 2016, 11.40 AM IST
Budget 2016: More income in farmers’ hands to drive demandRural growth decelerated to single digits last year from mid-teens in 2010-14, but several industry leaders expect an uptick now.
01 Mar, 2016, 04.14 AM IST
- Indian paint industry to touch Rs 62,000 cr by 2016: Assocham
It observed that there has been an increase in sales outside metros, as rural India's incremental consumption expenditure is witnessing a h...
07 Sep, 2014, 12.34 PM IST
Budget 2012: Cut in interest rates to trigger consumer spendingHobbled by over a dozen successive interest rate hikes and spiralling inflation, India’s free-spending consumers have tightened their purse...
06 Feb, 2012, 11.33 AM IST
- SAIL to appoint 1,000 dealers in rural India
To minimise the financial risk of the rural dealers, SAIL has also done away with the norm of collecting a security deposit for offtake of ...
04 Sep, 2011, 06.54 PM IST
- Mind the gap: Rural telephony target of 500 m a miss
Telecom operators may be banking big time on the untapped rural markets for the next wave of growth, but the number of connections in hinte...
12 May, 2007, 03.07 AM IST