Page 29 - Fmcg

We were prepared for Covid crisis when it hit Europe: CEO of MTR Foods

In a Q&A, Sanjay Sharma dwells on the initiatives his firm took to cope with the lockdown and why he believes it will hit the Rs 1,000-crore revenue mark despite all the disruption

Companies shift focus on reskilling workforce for post-Covid world

With job losses and redundancies looming large, firms have taken to the idea of reskilling their workforce with gusto

Covid-19: Kirana stores would see a resurgence, says Godrej Consumer CEO

We are trying to be as agile as possible and are adapting to the evolving situation, says Vivek Gambhir

FMCG to remain pricey for a long time despite coronavirus outbreak

Amidst growth concerns in other sectors, better earning visibility and cash surplus position provide comfort

Consumer companies assess impact of nationwide lockdown on businesses

Makers of hygiene and essential items may not feel the pinch but discretionary categories have a long road to recovery

Sunil D'Souza assumes charge as MD & CEO of Tata Consumer Products

D'Souza holds a PG diploma in management from IIM Calcutta, was leading Whirlpool India for four years prior to this. He had a 15-year stint in PepsiCo, where he worked in several leadership positions

FMCG leaders mark down overall growth to 3% amid coronavirus outbreak

According to Nielsen, panic buying of food items and hygiene products has pushed up growth rates of food and non-food categories by 300 and 400 basis points respectively.

How ITC's new capital allocation plan could revive investor sentiment

Higher dividend payout addresses key concern of lower return on capital employed

Coronavirus outbreak: Retail market could be set back by at least a quarter

Companies expect recovery by the second quarter of FY21

A tale of two companies: Britannia, Nestle draw up contrasting strategies

Bengaluru company is scaling down initiatives & Gurugram firm is aggressive

Consumption slowdown bites into Britannia's new product launch plans

The Good Day biscuit maker is hoping to take the croissant offers, which it is currently fine-tuning, pan-Indian by May-June this year and salted snacks in the next six months

FMCG woes: How Budget 2020 pushed demand revival further down the road

The Budget's incentives have ignored a large section of middle-class buyers

ITC, Emami shift focus to rural markets to combat low consumer sentiment

Nearly all FMCG companies like Marico, HUL, ITC and the rest have been indicating that the operating environment has been challenging, with drop in consumption, especially in rural areas

From auto to insurance, brands track the men on the FM radio trail

The growing band of male radio listeners is drawing in auto, insurance brands; changing the nature of the medium and traditional advertising patterns

FMCGs scale-up rural distribution networks to combat economic slowdown

In view of the ongoing slowdown, which has impacted demand in rural India, ITC doubled its rural stockist network in the current fiscal year

Budget 2020 wishlist: Here are the key challenges for retail sector

There are disparities in interpretation and implementation at all levels of the government

Top biz headlines: DoT talks tough on AGR dues, FMCG recovery, and more

Supreme Court on Tuesday agreed to list the 'modification petition' filed by Bharti Airtel, Vodafone Idea and Tata Group for 'sometime next week'

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.

German FMCG major Dr Oetker beats slowdown with 24% growth in 2019

Peanut butter accounts for 20-25% of the company's sales, while mayonnaise category accounts for 50% of the revenue

After slowdown, inflation now presents a new test for food companies

Improving volume growth and protecting margins is likely to be tough amid the current consumption slowdown; Nestle better placed, say analysts