Tag: FMCG
-
India FMCG Slows Down, but Rural Makes a Comeback
India’s FMCG industry experienced a notable slowdown in volume growth in the June quarter, both sequentially and year-on-year. According to NielsenIQ (NIQ), FMCG volumes grew by 3.8% year-on-year, a significant drop from the 7.5% growth reported in the same quarter…
-
Walmart eying big on India
Walmart has sourced $30 billion worth of products from India over two decades and aims to reach an annual target of $10 billion by 2027, as revealed by Andrea Albright, EVP – Sourcing. The company’s two-day mega sellers’ growth summit…
-
Digital Transformation Propels HUL as Consumers Spend Over 50% of Time Online
HUL’s CEO, Rohit Jawa, revealed that the average Indian consumer is allocating more than half of their time to digital media, showcasing the growing influence of e-commerce and digital platforms. In response, HUL has appointed its first chief digital officer…
-
Impact of Subdued Rural Demand on FMCG’s Q3 Performance
Hindustan Unilever Limited (HUL) faced a series of challenges during the October-December quarter, impacting its financial performance. Despite a 2% increase in PBIDT, the company reported a sequential decline of 0.5% in revenue and a notable 5.5% decrease in net…
-
Local FMCG Brands Resurge, Posing a Challenge to Industry Giants
In a surprising turn of events, local players in the fast-moving consumer goods (FMCG) sector, specializing in products like biscuits, soap, washing powder, and detergent, have expanded their reach to 31% more households in the country during the September quarter.…
-
Rural Demand Sluggish for FMCG
Rural Demand and Volume Growth The performance of Fast-Moving Consumer Goods (FMCG) companies in Q3FY24 has been shaped significantly by two key factors: the extent of margin recovery and the state of rural demand. Unfortunately, only the former played out…
-
Domino’s new campaign to gain bigger slice of audience mindshare
In India, Quick Service Restaurant (QSR) major Domino’s is a leader in pizza category. Through it’s brand campaign – It Happens Only with Pizza’ (IHOP), they intends to gain and grow share of pizza occasions by getting in sync with…
-
Navigating Challenges and Shaping the Future: A Comprehensive Overview of India’s FMCG Landscape
Industry Challenges and Overview The Boston Consulting Group’s (BCG) extensive 15-year study, unveiled at the CII FMCG Summit, portrays a challenging landscape for the domestic FMCG sector. Between 2007 and 2023, the industry’s volume growth limped at a mere 3.4%,…
-
The AI Revolution: Transforming the FMCG Landscape in India
Introduction: The Fast-Moving Consumer Goods (FMCG) sector in India is undergoing through a paradigm shift, driven by the relentless integration of Artificial Intelligence (AI) into various facets of business operations. From product innovation and marketing to supply chain optimization and…
-
Navigating Challenges and Shaping the Future: A Comprehensive Overview of India’s FMCG Landscape
~Gajjar Vandan D Industry Challenges and Overview The Boston Consulting Group’s (BCG) extensive 15-year study, unveiled at the CII FMCG Summit, portrays a challenging landscape for the domestic FMCG sector. Between 2007 and 2023, the industry’s volume growth limped at…