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Marico, Tanishq join other FMCG firms in recovery but inflation a worry

Industry admits that price hikes are imminent but say they will make judicious decision for customers

Topics
Marico | Tanishq | FMCGs

Viveat Susan Pinto & Samreen Ahmad  |  Mumbai/Bengaluru 

tanishq, jewellery, watch, titan company
Tanishq has been experimenting with its raw materials, using certain alloys in its products which will enable the company to create its flagship designs, but at a lower weight | File

Recovery signs are getting better for fast-moving consumer goods (FMCG) in the December quarter (Q3) of FY21. This week, Marico, Godrej Consumer (GCPL) and Tanishq, which is the jewellery division of Titan, said they expected double-digit sales growth in Q3, coming on the back of strong demand in the festive season. The statements were part of their quarterly updates.

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First Published: Thu, January 07 2021. 19:46 IST
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