Page 5 - Fmcg Firms

After Patanjali, Reliance Retail could be the next big disruptor in FMCG

Other FMCG companies will have to increase their advertising spends in segments Reliance makes a meaningful acquisition in order to stay competitive.

Reliance Retail enters general trade with its own FMCG grocery brands

In the non-foods space, it has entered the personal care and home care business

Top Headlines: Healthcare in PM's I-Day speech, SBI HR subsidiary, and more

In his ninth Independence Day speech from the Red Fort, PM Narendra Modi is expected to devote a considerable amount of time to ongoing and proposed initiatives in the health care sector

Muted volumes remain a concern for FMCG companies amid rising inflation

HUL reported volume growth of 6 per cent YoY in the June quarter

FMCG exports to make substantial contribution to ITC's growth: Sanjiv Puri

ITC launched 110 products in FY22 to mark its capacity for innovation, he says

Amul posts group turnover of Rs 61,000 cr in FY22 on milk & ice-cream biz

Post pandemic recovery results in addition of Rs 8,000 crore in annual turnover

Price hikes likely to drive FMCG firms' revenue in April-June quarter

Commentary to watch out for from consumer companies includes rural demand, overall demand impact due to high commodity costs, and volume growth

Godrej Consumer eyes double-digit domestic sales growth in Q1 of FY23

The firm, however, expects a mid-single-digit volume drop on a high base in the quarter

Urban FMCG sales see sharper fall than rural in June, shows data

Sales of goods from shampoos to biscuits stayed lower due to inflationary pressures on commodities

Manufacturers protest ban on rigid single-use plastics, fear loan default

Industry grouse - 22 products have been banned although they are fully recyclable, while non-recyclable packaging used by FMCG firms have been let off

FMCG industry logs volume decline in Jan-Mar as consumption slows: Report

The FMCG industry saw decline in volume in the January-March period as consumption was impacted by price increases, especially in the food and essentials categories, said a report by NielsenIQ.

From soaps to biscuits, price hikes by FMCG firms may not dim the pain

According to data by Bizom, mid-single-digits to double-digit price rises are being seen in all essential foods because of the increase in input, logistics, and packaging costs

Procter & Gamble names L V Vaidyanathan as CEO for India operations

Global FMCG firm Procter & Gamble on Tuesday announced the appointment of L V Vaidyanathan as the Chief Executive Officer for its operations in India from July 1, 2022. Vaidyanathan will take over from Madhusudan Gopalan, who will be taking up a leadership role within P&G as Senior Vice President Grooming & Oral Care, P&G Japan and Korea, the company said in a statement. Currently he is leading P&G business in Indonesia as CEO where he has been "responsible for industry-leading growth and value creation for the company", it added. "Under his leadership, the Indonesian business has transformed to become value accretive for the parent company and has overtaken a formidable competitor in the market by turning around the share gap in the last four years," P&G said. An alumnus of IIM Ahmedabad, Vaidyanathan had joined P&G in 1995 as an intern and joined the India sales team straight from campus in 1996. He has experience of over 26 years across diverse ...

Varun Beverages appears set for volume growth as consumer firms struggle

Gains expected on the back of rising out-of-home consumption after two years of sluggish performance

Russia-Ukraine crisis: NSE FMCG index hits 9-month low, metal firms soar

\Russia-Ukraine conflict could hurt FMCG firms' earnings, compress demand: Experts

FMCG companies see customers pantry loading as Covid-19 cases spike

FMCG companies witnessed an increase in demand in the past two weeks as consumers stocked up in the wake of rise in Covid-19 cases across the country

FMCG distributors warn Colgate of taking strict steps over price disparity

FMCG distributors in Maharashtra have warned Colgate Palmolive India of taking strict steps after the company failed to respond to the issue of price disparity of products between traditional and business-to-business distributors. The Fast-moving consumer goods (FMCG) distributors are seeking a level playing field from manufactures and are in protest over the price disparities between the traditional trade and business-to-business retailers such as Jiomart, Walmart, Metro Cash & Carry, Booker, ElasticRun, udaan etc. Commenting on the development, Colgate Palmolive (India) said it values the strong relationships with its distributors and is looking to address their challenges and find solutions that help grow their business. We have engaged with our distributor network and are looking to address their challenges and find solutions that help grow their business, ensuring our consumers continue to have access to their favourite and trusted brands, said a statement from Colgate ...

From biscuits to shampoos, prices of FMCG goods to rise again in January

Firms say hike needed to cover high input costs

FMCG companies prepared to tackle logistics issues amid Covid surge

ITC has been taking stock of operations and monitoring market developments

Emami embarks on distribution initiatives, rural expansion to drive growth

Kolkata-based FMCG major Emami has embarked on various distribution initiatives and rural expansion drive to boost growth in the current fiscal, its Chairman RS Agarwal said on Wednesday