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After 2-yr pandemic thrift, 'revenge spending' likely this festival season

The festival season kicks off with Onam end-August right through Diwali in October

Topics
Consumer goods companies | FMCGs | Parle Products

Sharleen D’Souza & Shally Seth Mohile  |  Mumbai 



Kolkata-based ITC earns 28% of its revenue from sale of consumer products that includes chips, cookies and soaps
The FMCG sector continues to be burdened with weak volumes as inflation pushes up the prices of goods, afflicting consumption.

Consumer across retail, fast-moving consumer goods (FMCG), and consumer durables expect demand revival this festival season after two years of weak sales.

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First Published: Wed, July 13 2022. 06:00 IST

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