Examples in 2015 were Hindustan Unilever, Godrej Agrovet and Future Consumer Enterprises
FMCG sales volume growth declined nearly 75% from 7% during the same period a year ago
The company, with a stated goal of Rs 1 lakh crore in annual turnover by 2021, made this announcement in a BSE filing
E-commerce majors & airline operators rejoice
September quarter results till now of consumer goods companies show most faced a tough time in the period
Highest profit after tax margin is maintained at 25.48% by ITC during 2015-16
Marico's volume sales grew 3.4% (in India); Colgate-Palmolive posted 4% growth
In the past four quarters, for instance, volume and value growth have fallen from 7.2 per cent and 9.7 per cent, respectively, to 3.2 per cent and 4.4 per cent, according to Nielsen data
FMCG is the fourth largest sector in the Indian economy and provides employment to around three million people
Nestle, Amul and CG Corp have decided to focus on the channel
While most research houses believe improvement in rural demand augurs well, a few leading names such as Morgan Stanley have recently turned cautious
Modern wholesale trade in packaged consumer goods in India is pegged at Rs 6,800 crore in 2015, according to a study by Nielsen. It remains at 2.6 per cent of the total Rs 2,61,500-crore packaged consumer goods market in India. The trade format is yet to attract retailers in the country as only three per cent of retail manufacturers leverage the wholesale channel, the study found. The top 10 manufacturers account for 60 per cent of the total value of sales. In contrast, the top 10 manufacturers account only for 38 per cent of the total retail sales. During the first half of 2016, the channel posted 13 per cent value growth and reported Rs 3,770 crore in sales compared to same period last year. Soft drinks dominate the channel in terms of value with 12 per cent share. Non-food categories such as toilet soaps (nine per cent) and washing powder (eight per cent) currently hold the second and third spots, respectively. "This shows different dynamics than traditional retail, where soft drink
Of the nine large FMCG companies in the sample study, two companies have witnessed a lower volume growth number as compared to the past three to four quarters
Urban spending muted, rural sales grow on low base: Nielsen
Retailers complain of poor fill rates; company sprucing up supply chain, storage
Nifty FMCG index was up 2.2% as compared to 0.16% gain in the Nifty 50 index at 01:08 pm.
HUL, Britannia, Nestle & McDonald's have gingerly started hiking prices
Brand experts say as consumption of branded goods grows in India, reaching the Rs 100-crore mark in a short span will become easier
56% of multinational brands have improved their y-o-y ranking, compared with only 47% local or home-grown brands
Factors other than monsoon play a much bigger role in driving consumption growth