Page 14 - Fmcg

Volume driven strategy could sustain growth for Nestle, say analysts

Valuations however leave little room for gains on the upside

Higher raw material costs to hit alcohol firms in fourth quarter

Premium segment expected to do better than overall sales

Coca-Cola beats revenue estimates on steady demand despite price hikes

Average selling prices rose 11% in the first quarter, the company said, while unit case volumes rose 3%

WayCool hives off soil-to-sale vertical into new FMCG entity BrandsNext

Names B P Ravindran as CEO of the new firm, which has been created to put the "power of soil-to-sale food products into the hands of consumers across South India", says company

Nestle India declares interim dividend of Rs 27/share, fixes record date

The FMCG giant has fixed 21 April as the record date for determining the eligibility of shareholders for interim dividend payment

FMCG sales: Rural India pulls ahead in Q4FY23, shows Bizom data

Q4 kirana stockpile across products powers FY23 sales growth

B2B start-up ElasticRun takes a step back, to focus on core strategy

ElasticRun extends the reach of a brand's direct distribution network to deep rural markets

Perfetti Van Melle India not impacted by slowdown in FMCG demand, says MD

Firm says bulk of its revenue came from the one-rupee price point, which is largely immune to an economic slowdown

Pricing weapon in FMCG marketing

Consumers know that they can trade down to a lower priced product, and they do that when in a pinch

Godrej Consumer Products expects Q4 growth on improved consumer demand

Growth in domestic business exceeds expectations, says maker of Cinthol soaps

CCI approves demerger of FMCG biz of Haldiram Snacks and Haldiram Foods

The existing shareholders of Haldiram Snacks and Haldiram Foods have acquired a 56% and a 44% stake, respectively, in Haldiram Snacks Food

Marico's consolidated revenue grew in low single digits in Jan-Mar quarter

India business volume growth improved slightly over the preceding quarter, staying in mid-single digits

HUL cuts prices, raises grammage in detergent and dishwash segments

The price of Surf Excel Matic (liquid) has been cut to Rs 199 from Rs 220 for a one-litre pack

Eye on growth post-pandemic, ITC to invest Rs 3,000 crore annually in India

The fast-moving consumer goods (FMCG) company will use the money to build more manufacturing capabilities

Hiring of talents on rise in engineering, procurement, construction: Report

There is a steady increase in the hiring of tech talents in the EPC (engineering, procurement and construction) sector amid constant technology upgradation by firms and the government's focus on accelerating infrastructure development, according to a report. Following positive sentiments around the 2023 Budget, the EPC sector is witnessing a rise in hiring of tech talents, both top-level management and freshers, according to CIEL HR Services report 'Employment Trends Today in EPC Sector in India - February 2023'. The report revealed that among the non-tech sectors, the EPC takes the lead (11 per cent) with regard to the most sought-after role of software development (2,367 jobs) compared to FMCG (3 per cent), Pharma (2 per cent) and Banking (10 per cent). The report is based on a survey of leading 52 EPC companies employing over 80,000 employees. The analysis included 21,865 jobs posted on job portals in January 2023. The report further revealed that with constant technology ...

Coming to a kirana near you: Reliance Consumer expands FMCG play

Launches home and personal care range for 'Real India'

Reliance Consumer expands portfolio in home, personal care segments

Reliance Consumer Products Limited (RCPL), a wholly-owned subsidiary of Reliance Retail Ventures Limited, on Wednesday said it has expanded its play in the FMCG segment by launching its range of home and personal care products. RCPL, which has ambitions to be a relevant player in the FMCG segment, will now compete with the leading players of the segments, such as HUL, P&G, Reckitt etc, with the enhanced portfolio. Now, RCPL's portfolio includes Glimmer beauty soaps, Get Real natural soaps, Puric hygiene soaps, Dozo dish wash bars and liquids, HomeGuard toilet and floor cleaners and Enzo laundry detergent powder, liquid and bars. Commenting on the development an RCPL spokesperson said: "Our ambition is to help every Indian household get access to quality products at reasonable price points". This range of home and personal care products boasts high efficacy with the superior formulation. These have been developed keeping "Real India" consumer problems at their core, he ...

ITC's diversification into non-cigarette biz shows critical mass in profits

But ITC's strong run currently is not restricted to a single segment - all businesses are on a high

Nostalgia, bottled and brought back: Reliance rolls out the Campa crates

While Reliance hopes the gamble on the brand's popularity in the 1970s will pay off, experts feel it may not connect with the millennials, who are the major consumers of aerated drinks today

A Jio moment in cola war? Reliance ups the ante with iconic brand Campa

Brand to be launched across the country, beginning with Andhra Pradesh and Telangana