However, your soft drinks and juices will remain immune to the hike, despite the recent surge in sugar prices. Thanks to Coca-Cola and PepsiCo.
In the last 12 months, there has been derating of FMCG stocks on the bourses, against a P/E expansion in the broader market
The company's stock fell 2.43 per cent to Rs 337.45 after it issued its business performance update for the quarter ended December 31, 2019
To overcome, FMCG makers have introduced low unit price packs in multiple categories to make their products affordable and have also introduced multiple promotions and offers
By taking its labels into general trade, the retailer has upended the system it has been a part of, but also plugged into the future of shopping
At 2%, he said, India is already equal to markets such as Canada, Germany, Spain, and Italy in terms of e-commerce penetration for FMCG products
HUL is increasing its international exposure for employees, covering not only future leaders and managers, but also interns and junior staff
Outlook for staples bleak, discretionary confident
India's stood addition at 10,000-12,000, as opposed to a 67% growth last year; however, agency says no cause of immediate alarm in job market though economy is muted
Federation of All India Distributors Association steps in to lend support
Top banks like HDFC Bank and Axis Bank are slated to add around 10,000 jobs in the next 9 to 12 months
The rural market, which accounts for 36 per cent of India's FMCG market by sales, contributed 60 per cent to the slowdown
Branded packaged food market expanded 17.6% in calendar year 2018 to cross the Rs 5-trillion-mark for the first time
Growth has been driven by women like Krishna and Suchitra who prefer single-serve sachets and perceive them to be affordable
Firm plans to expand to 500 stores mostly in Tamil Nadu and Maharashtra; pilot store set up in Thane
North India, the largest market for FMCG, saw volume growth falling to 1 per cent from 17 per cent as the FMCG volume shrank by 2 per cent the villages
From FMCG sector experiencing slowdown to Air India stake sale, here are the top 10 business headlines on Wednesday
Sector analysts admit the going will be tough for companies in Q2, an admission that some firms have already made in their recent quarterly updates
This would be a ten-fold growth over the last financial year, when CSCs had logged total sales worth Rs 10 crore
Analysts estimate low single-digit volume growth, the lowest since June 2017 quarter; companies will need to clock double-digit volume growth in second half to touch FY19 levels