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India's consumption story gets a facelift as rural demand shows promise

FMCG companies have also witnessed a pick-up in rural areas.

Hot sales ahead: Summer to fire up sales of ACs, beer and sunscreen

Epack Durable, which manufactures air conditioners for durable companies like Voltas, Haier etc., expects a growth rate of more than 15 per cent this year, if the heatwave persists beyond May

NCDRC dismisses govt's 2015 plea against sale of Nestle's Maggi noodles

The DoCA had alleged that the company had indulged in unfair trade practices by manufacturing and selling hazardous and defective goods to the public

PepsiCo to invest Rs 1,266 crore to set up new facility in Madhya Pradesh

The Ujjain-plant will be crucial for PepsiCo's beverage production in India, enabling the company to meet the rising demand

India's hospitality sector saw investments worth $401 mn in 2023: JLL

Sector has been witnessing a surge since 2023, with 25,176 keys signed and 12,647 keys opened, stated the report titled 'Hotel Investment Trends - India 2023'

India is our top priority market this year: President, Asia Pacific, Hilton

'It feels a little bit like China did 10 years ago and we expect this momentum to continue this year as well'

Long Weekend: Airfares, hotel rates shoot up ahead of Holi, Good Friday

The Indian tourism industry is witnessing a sustained boom on the back of what industry stakeholders call a mindset shift, where people are using every opportunity to travel

Alcobev industry seek clarity on brand extension vs surrogate ads

List of products sold under the same brand name as alcobev for the past three years, including details of states where they were marketed

Luxury members-only club Soho House coming to Delhi and South Mumbai

Company introduces Cities Without Houses membership format in six Indian cities

'53% consumers did not receive refund for inherently defective products'

At least 74% consumers had reached out for action on defective products, of which, only 21% got a product replacement or refund

Hyatt Hotels to expand India footprint with 7 new properties in 2024

On the back of this boost in domestic tourism, the company debuted JdV by Hyatt - its ninth brand in the country - in February 2024

Increased travel connectivity, visa waivers help boost tourism to SE Asia

The prevailing influence of Korean pop culture, often referred to as the 'Hallyu Wave' has significantly captivated Indian audiences, thus boosting travel to the country

Beverage, air conditioner sales may jump up to 40% as mercury surges

Another factor which plays well for cold beverage majors is the onset of Ramadan and elections which typically causes consumption to pick-up

FMCG sector to see subdued growth till September quarter: Kantar report

With El-Nino impact expected to keep weather dry for the first half of the year, the agriculture outlook for 2024 is a mixed bag

Haier aims to become 2nd largest appliance maker in India: NS Satish

The company expects the AC, TV, and washing machine categories to grow ahead of the refrigerator segment

Hindustan Coca Cola Beverages announces Rs 350 cr investment in MP

Expansion in Rajgarh elevates total investment in state to Rs 660 cr

American beverage giant PepsiCo launches new globe logo worldwide

In India, the company unleashed the new globe logo at the Gateway of India, Mumbai with a digital artwork

Chalet Hotels acquires Marriott property Courtyard for Rs 315 crore

The resort, which came up in July 2022, reported an average daily rate of Rs 13,500 till December 2023 with an occupancy rate of 44 per cent, the company added

Beauty retailers report high demand for prestige and premium segments

Beauty retailers report high demand for prestige and premium segments

PepsiCo India looking to capture bigger share of potato-based chips market

The potato chips market is valued at Rs 9,000 crore, with PepsiCo's Lay's brand as the dominant player