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Business Standard

Despite consumption slowdown, packaged food sector grows 14.4%: IIP data

Branded packaged food market expanded 17.6% in calendar year 2018 to cross the Rs 5-trillion-mark for the first time

Topics
India food sector | Economic slowdown | FMCG

Viveat Susan Pinto & Arnab Dutta  |  Mumbai | New Delhi 



fmcg
Retail sales numbers, sourced from the industry, shows that the packaged food market grew by close to 11% between April and August this year

Consumption slowdown appears to have not impacted the packaged food market like it has other segments of the fast-moving consumer goods (FMCG) sector. The latest data from the Index of Industrial Production (IIP), which maps the country’s manufacturing activity, shows growth of 14.4 per cent between April and August this year in the manufacture of food products versus the same period last year.

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First Published: Fri, October 25 2019. 22:01 IST

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