Page 20 - Fmcg Companies

Small and local brands grow big in FMCG market amid coronavirus lockdown

Companies say low-unit packs as well as lesser-known brands seeing greater traction during lockdown

Nestle India's business loss could be more than 30%, says MD Narayanan

Prime Minister Narendra Modi's call for swadeshi was misinterpreted by some. We are here for 108 years. We have 7,200 Indian employees. We work with over 100,000 Indian farmers, says Nestle India CMD

Fiscal stimulus 2.0: Consumption boost for agri, auto and FMCG companies

Rising farm income to aid firms having a bigger share of revenues from the rural sector

Covid-19 impact: Restrictions on movement still a pain point for FMCG firms

According to the Federation of West Bengal Truck Operators' Association (FWBTOA), truck availability has only improved marginally around 10 per cent of a total 9 million trucks in India.

Despite easing of lockdown, logistics remains a paint point for FMCG firms

While several factories are in green zones, the route a transporter has to take to bring the goods to the market is dotted with red zones

HUL to announce Q4FY20 results on Thursday; here's what brokerages expect

Companies with higher exposure to food and daily essentials, analysts say, are expected to fare better this quarter as compared to those with a skew towards discretionary consumption

PepsiCo India's third food manufacturing plant gets nod to re-start work

Capacity utilisation at the two units is not more than 25%, but will increase as more people make their way back to work, according to industry sources

71% drop in FMCG demand due to Covid-19, zero orders in 95% outlets: Study

The Bizom report has captured insights by analysing data from 30% of the retail space across 400 districts and 2,000 towns and cities; it covers a population of 800 million

Britannia Industries jumps 10% ahead of board meet for interim dividend

Analysts at HDFC Securities say that the impact from Covid-19 on the FMCG sector will be sharper on revenues for companies in March quarter

Capacity utilisation of FMCG firms at less than half over weak consumption

Capacity utilisation, they said, varied between 20 and 40 per cent at their units, hardly good news for a sector that was looking to recover from a general consumption slowdown

ITC evaluating inorganic expansion, aims to boost non-cigarette verticals

Firm's acquisition of Kolkata-based Sunrise Foods is a step forward in its bid to strengthen spice business

Capacity utilisation across FMCG plants may rise as truckers return

Centre allowed transportation of both essential and non-essential items

Fewer hits than misses in FMCG as demand and supply concerns weigh

While hygiene and home care segment, rural-focused players could see better demand, a large portion coming from non-essential products means topline will be impacted

Nestle India's resurrection from Maggi debacle is virtually unparalleled

During the year, Nestle India strengthened its distribution base, sales capabilities and execution skills to secure the leadership position in most categories

Startups, new-age tech firms flock to mid-rung B-schools for recruitment

Traditional manufacturing firms stay away, mainly because of the ongoing slowdown

Slowdown blues: In a slow-moving FMCG market, product prices are inching up

Already, the fast-moving consumer goods (FMCG) market has been grappling with its slowest growth in six quarters for the October-December 2019 period, touching 6.6 per cent only

Hindustan Coca-Cola appoints Melvin Tan as new chief financial officer

Announcing the appointment, Ruggiero said, Tan brings in the best practices of the global Coca-Cola system, along with his strong background in accounting and financial management.

Dr Oetker beats slowdown, logs 24% growth in 'strongest year' in India

FMCG company's peanut butter and mayonnaise brands help it grow in slowing sector.

Year in Review: Rural India hurt FMCG; smartphones rode on e-commerce

FMCG suffered on two counts -- poor consumer sentiment brought on by macroeconomic headwinds and the continuing liquidity crisis arising out of faltering NBFCs

FMCGs turning attention on premium, small packs as spending curbs grow

Companies also ensuring visibility on digital and TV