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FMCG companies are likely to hold prices through the festive season despite a rise in commodity prices, including sugar, and the impact of geopolitical disruptions, as they seek to protect consumer demand and maintain volume growth amid improving consumption. Leading industry executives said companies have already gone for judicious increases of around 2-5 per cent in the June quarter to partly offset higher input costs and are unlikely to raise prices further before the end of the festive season, even as margins remain under pressure. The sector has been facing renewed cost pressures, with sugar prices touching a new high, alongside a sharp increase in costs of key inputs such as edible oils, coffee, cocoa and crude oil derivatives used in packaging, amid geopolitical disruptions and supply concerns in global markets. While most companies have absorbed a significant part of the inflation through cost-control initiatives and portfolio management, they remain focused on protecting ..
India is likely to create 2-2.5 lakh seasonal and gig jobs during July-December period of 2026, with festive hiring expected to grow 15-20 per cent, according to a report by global technology and digital talent solutions provider NLB Services. As the country enters the festive season, businesses across e-commerce, quick commerce, retail, logistics, hospitality, travel and consumer services are preparing for one of the year's most concentrated periods of demand, said the report. "The festive season is becoming a real-time stress test for India's workforce with employers hiring earlier, looking beyond traditional talent hubs and increasingly relying on technology-enabled, flexible and ready-to-deploy talent. "What was once a short-term response to seasonal demand is becoming a strategic opportunity to access new talent pools, assess capabilities at scale and create pathways to longer-term employment. The real impact of festive hiring, therefore, may extend well beyond the season ...
E-commerce marketplace Meesho expects to create over 10 lakh seasonal job opportunities across its seller and logistics ecosystem to meet the surge in demand during the upcoming festive season. The projected employment generation includes approximately 6.5 lakh jobs across its seller network and about 3.75 lakh roles across its logistics operations. "The festive season is an important period for businesses across our ecosystem to scale up and prepare for increased demand. "This year, we expect to enable over 10 lakh seasonal job opportunities... Nearly 1.3 lakh sellers are expected to hire seasonal workers across packaging, manufacturing, production, warehousing and inventory management, as they build inventory, launch new products and expand their festive collections," Meesho said in a statement on Friday. In the logistics sector, Meesho's own logistics platform, Valmo, along with its third-party logistics (3PL) partners, will scale up capacity. The seasonal roles in this segment