In Nigeria, TGI brands include Big Bull Rice, Terra Seasoning Cubes, Golden Terra Soya Oil, Renew Starch and Supramult Multivitamins reach millions of consumers daily
Reliance Consumer Products, the FMCG arm of Reliance Industries, on Monday said it has signed a definitive agreement to form a majority-owned joint venture with Nigerian conglomerate Tropical General Investments Group. This partnership will significantly expand RCPL's global footprint by establishing its presence in Nigeria, one of Africa's largest consumer markets, said a joint statement. Through this partnership, which is subject to customary legal and regulatory clearances, Reliance Consumer Products Ltd (RCPL) will introduce its FMCG products to consumers in Nigeria, leveraging TGI's FMCG manufacturing and distribution experience and network, it added. "The partnership between RCPL and Tropical General Investments (TGI) Group aims to strengthen RCPL's market presence on the global stage," it said. RCPL Director T Krishnakumar said: "TGI Group is a diversified and trusted partner, and their deep expertise and decades-long presence in sectors such as FMCG, culinary, and agribusin
Heavy selling in defensive and consumption-related industries like FMCG, healthcare, and consumer services drove the January outflows
FMCG firm reports strong volume-led growth and margin expansion in December quarter, declares second interim dividend
FMCG major reports 45.1% year-on-year jump in Q3 FY26 net profit, driven by volume-led sales growth, with confectionery and beverages leading performance
Analysts remain cautious on Dabur India, citing that while demand conditions are improving, the company is yet to demonstrate a sustained, execution-led growth cycle
TVS Supply Chain Solutions strengthens its FMCG logistics play with the ₹88 crore acquisition of Hyderabad-based Swamy & Sons 3PL
After nearly 18 months of lukewarm performance, the FMCG sector registered a volume growth of 5.3 per cent in the August-October period of 2025
Expecting 2026 to be a 'favourable year', with policy tailwinds as tax reliefs and GST reforms, along with benign commodities, the Indian FMCG industry looks for a high single-digit volume growth, improvement in margins and comeback of the urban demand, which is a vector of growth. Benign inflation will help expand gross margins, enabling companies to invest more in advertising, the lifeblood of FMCG (Fast-Moving Consumer Goods). However, the companies also need to rethink their media strategies, as traditional media is losing relevance amid evolving consumer habits and preferences, driven by where, how, and how much time different age groups spend on media. FMCG companies are also expected to invest in new technologies -- from automation and analytics to AI-driven demand forecasting, supply chain optimisation, and personalised consumer engagement and same-day and 1030 minute Quick-Commerce deliveries are expected to be the critical pillar for omnichannel growth ...
MOFSL said Vishal Mega Mart's management remains optimistic about sustaining double-digit Same Store Sales Growth on an annual basis for a fairly long period
Modi Naturals aims to acquire brands in ready-to-eat and healthy snacks as it grows its FMCG portfolio, saying its NSE listing will improve visibility, liquidity and investor reach
By the end of the year, we will digitise entirely from supply planning to distribution, says Manish Tiwary, chairman and managing director, Nestle India
It has access to introduce Ben & Jerry's, Viennetta and Yasso brands in India
Sales growth in Indian FMCG sector slowed to 5.4 per cent in volume during September quarter mired by disruptions due to GST rate changes, though value growth jumped to 12.9 per cent, according to the latest report from data analytics firm NielsenIQ. The rural market also slowed down from 8.4 per cent to 7.7 per cent year-on-year, but continued to outpace the pace of sales in urban areas for the seventh consecutive quarter, the report said. "The market recorded a 5.4 per cent rise in volume alongside a 7.1 per cent increase in prices, with unit growth outpacing overall volume growth signalling a stronger consumer preference for smaller packs," it said. Urban market, which forms bulk of fast-moving consumer goods (FMCG) demand, is recovering moderately, particularly in smaller towns. Sequentially, it experienced slowdown. Rural market, which is of small packets, is driven by affordability, accounts for around 38 per cent of the FMCG demand. "Rural India has recorded a 7.7 per cent
ITC Q2 results preview: Brokerages tracked by Business Standard estimate ITC's net profit to increase 3 per cent year-on-year (Y-o-Y) on average, to ₹5,153.9 crore as compared to ₹5,005.3 crore
FMCG Stock Today: Technical charts show that Hindustan Unilever and Nestle India seem to be favourably placed; while Colgate Palmolive stock can decline up to 7% from here.
FMCG major Hindustan Unilever reported a 4% Y-o-Y rise in consolidated net profit for Q2FY26, with flat underlying volume growth. Meanwhile, Colgate-Palmolive (India) saw its net profit drop 17%
However, one of the officials said the judgment is based on the earlier anti-profiteering framework, which is not applicable under GST 2.0, rolled out on September 22
Leading FMCG player ITC expects a surge in the festive demand this season after the GST rate cut, and reduced prices will have a multiplier impact on volumes for the packaged food industry, a senior company official said. However, the FMCG major is also cautious about the existing inflation on some products, its Executive Director and Divisional Chief Executive of the Foods Business Division, Hemant Malik, said. ITC, which owns popular brands as Aashirvaad, Sunfeast, Bingo!, and B Natural, has already passed on the benefits of the GST rate cuts applicable from September 22, and expects a boost in consumption and investment as well as a multiplier impact on the economy. "A lot of expenditure by consumers is also driven by sentiment. When the message reaches consumers that prices have come down, it does allow people to open their purses. Once that happens, it is a multiplier impact in terms of volume increase It has a multiplier impact on the economy, both from the aspect of employme
The festive season is here, and markets are betting big on rising consumer demand.