Consumer Goods

FMCG distributors seek clause for collecting expired, damaged stock

In another letter to the government, the body alleged that damaged and expired FMCG goods are being sold via quick commerce platforms and stored in poor conditions

From showrooms to shelves, India likely to witness consumption uptick

Godrej Consumer Products also expects demand to rise for categories like personal care and home care

India a bright spot for growth amid global volatility: N Chandrasekaran

Tata Consumer Products chairman highlights India's stable macro outlook, structural reforms, and emerging trends like GenAI and quick commerce in FY25 report

Manufacturing investment gestation rate rises to 5-year peak: CMIE

Global companies push for diversification may play a role

Time to take the bet into near future; play the long game: HUL's Rohit Jawa

Innovation is the lifeblood of our consumer goods business and that's how we will be able to achieve superiority, says Rohit Jawa

Amazon India's 9th Prime Day returns this July with big deals, perks

The event promises some of the biggest deals of the summer across categories such as electronics, beauty products, kitchen essentials, and fashion for Prime members

AWL Agri Business Q4 results: Profit up 22% on strong edible oils demand

India's AWL Agri Business, previously known as Adani Wilmar, reported a nearly 22% rise in fourth-quarter profit on Monday, benefiting from higher demand in its core edible oils segment.

Robust revenue growth, margin recovery ahead for Tata Consumer Products

While most brokerages have built in healthy revenue and profit delivery by the company over the next few years, the stock may not see much upside given high valuations

FMCG sector grew 10.6% in December quarter, says NielsenIQ India

In the same period last year, the sector recorded a growth of 6.5 per cent. It witnessed a growth of 5.6 per cent in the September quarter this year, up from 3.5 per cent in the June quarter

Rural demand, price hikes drive growth in consumer goods sector: NielsenIQ

India's rural areas - which account for just over a third of consumer goods sales have proven a bright spot

Pockets and packets shrink as urban consumers face budget squeeze

Companies say that the urban consumer is stressed majorly due to taking on loans and credit in various forms like personal loans and credit card debts

Consumer goods brands rush to grab eyeballs as pilgrims come for Mahakumbh

From putting products on display at stalls to setting up resting camps for pilgrims, consumer goods companies have been scrambling to showcase brands at Mahakumbh as devotees throng in record numbers to take a holy dip at Sangam -- the confluence of rivers Ganga, Yamuna and the mystical Saraswati. Top brands, including Dettol, Dabur, Pepsico, Coca-Cola, and corporate houses such as ITC and Reliance have set up camp ashrams, lined up their products, and are distributing samples and refreshments. The unmissable signage boards make one thing clear: the companies are expecting to make their presence felt in the coming days. The brands -- which have been facing headwinds owing to multiple factors led by rising prices and tepid sales in urban markets -- are taking the Mahakumbh as an opportunity to directly engage with the consumers -- especially the rural population -- and communicating with them through a host of special initiatives over 45-day-long events, in which about 40 crore peopl

Pocket pinch: FMCG companies passing 3-7% of price rise to consumers

Edible oil companies pass on the entire hike to consumers

Leading FMCG players hike soap prices by 7-8% as palm oil rates go up

Leading FMCG makers such as HUL and Wipro have hiked soap prices by around 7 -8 per cent to offset the impact of a surge in palm oil prices, a key raw material for the product. Companies such as HUL and Tata Consumer have also increased prices of tea recently due to a decline in production caused by erratic weather conditions. During the earning calls for the September quarter, several listed players hinted at a price increase in soaps in the current quarter to safeguard their margins, as they were facing a rise the prices of commodity inputs such as palm oil, coffee and cocoa. "The prices of palm oil derivatives, a key raw material in soap manufacturing, have risen significantly -- 30 per cent plus increase since the start of this year," Wipro Consumer Care Chief Executive Neeraj Khatri told PTI. "In response, all major players in the industry have implemented price hikes of approximately 78 per cent to partially offset the increase. Our pricing adjustments are aligned with these

Slower corporate wage growth impacts consumer demand in India

Effects of single-digit salary growth for 3 qtrs on consumer spending are now palpable

FMCG CEOs raise concerns over GST, ease of doing biz at World Food India

Executives discussed range of issues with ministers at World Food India event

Indian entrepreneur sells private arm of UK-based Tails Trading Group

Tails Trading Group, a UK-based supplier of multi-category consumer packaged goods led by an Indian entrepreneur, has announced the sale of its private labelling arm to a large international investor consortium for GBP 395 million. The group's labelling division has been a key supplier of a wide range of products including food and beverages, personal hygiene items, small domestic appliances and household cleaning products, with its diverse client base made up of large retailers, hotels, airlines and regional importers across North America and Europe. Terming this as a strategic move marking a significant milestone in his company's evolution, Siddharth Shankar, CEO of Tails Trading Group, said in a statement this week: We welcome this bid and are confident that the business and its social impact are safe, if not in better hands, with the new management. According to the group statement, the investor consortium is led by energy major NetOil and includes companies from the consumer ..

Adani Wilmar eyes FMCG expansion, sets aside $1 billion for 3 acquisitions

Adani Wilmar is planning to purchase at least three brands specialising in spices, ready-to-cook foods, and packaged edibles

Nestle CEO joins line of consumer bosses felled by rising living cost

After eight years as CEO of the Swiss maker of Nespresso coffee and Purina pet foods, Schneider will be replaced by Latin America chief Laurent Freixe

Home convenience products, premiumisation trend fuel consumer goods' growth

Low penetration of major appliances presents expansion opportunity for industry