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India Inc cheers continuity at the Centre, but rues fragility Indian industry leaders express confidence in the economy's resilience despite the NDA-BJP government's unexpected outcome without an absolute majority. They anticipate policy continuity but caution about potential hurdles due to a stronger oppositi...
06 Jun, 2024, 07.57 AM ISTIndian advertisers in a fix over budget for ICC T20 World Cup "The IPL is well-established and timed to perfection to Indian summers and the start of the financial year. ICC World Cup is trying to play catch up Post-Covid," said Navin Khemka, chief executive of the media buying group GroupM-backed EssenceMedia...
03 Jun, 2024, 12.18 AM ISTDisney Star onboards 19 sponsors for ICC Men's T20 World Cup 2024 Disney Star announced 19 sponsors for the ICC Men’s T20 World Cup, including Dream 11, Maruti, and more. The tournament, starting on June 1 and featuring 20 teams, will have 55 matches played across the US and West Indies. Matches will be broadcast ...
30 May, 2024, 04.58 PM IST- ADVERTISEMENT
IPL 2024 attracted 620 million viewers on JioCinema The Indian Premier League (IPL) 2024 witnessed a 38% surge in audience reach on JioCinema, with 620 million viewers compared to 449 million in the previous season. JioCinema reported a 53% growth in video views, totaling 2,600 crore, and over 35,000...
30 May, 2024, 11.55 AM ISTFMCG giants pivot to premium: Nestle and ITC lead with innovative strategies FMCG giants like Nestle India and ITC are adopting innovative strategies to tap into the growing demand for premium products. Nestle plans to hire tasters and connoisseurs for its super-premium Nespresso coffee and boutiques, while ITC is leveraging...
24 May, 2024, 08.37 PM ISTShare of quick commerce in online FMCG sales rockets to 35% in FY24 Quick commerce drove overall ecommerce for these companies as well as the broader fast moving consumer goods (FMCG) industry, company executives said.
15 May, 2024, 11.15 PM ISTApril brings good news: Consumer goods cos winning majority votes during polls Steady demand for consumer goods prevails despite election season disruptions, with notable sales spikes in cooling appliances, small food packs, and traditional snacks. Retailers face challenges due to store closures on voting days.
12 May, 2024, 05.30 AM ISTFMCG, auto companies break the jinx as rural growth rises above urban Rural FMCG demand outpaced urban markets in Jan-Mar 2024. Car companies reported higher rural sales. NielsenIQ noted 7.6% rural growth. Factors include robust rabi crop and government measures. Maruti Suzuki saw record rural sales.
08 May, 2024, 09.27 AM ISTYour household shopping bill may not come down soon Most consumer goods companies raised prices by more than a quarter in the past two years to offset rising costs under heads such as raw materials, supply chain and energy.
15 Apr, 2024, 01.08 AM ISTIndian Premium League: Premiumisation picks up pace for large consumer goods companies More than 70% of the new products launched by India's largest consumer goods maker Hindustan Unilever in last two years were in the premium segment. Around 65% of all new personal care product launches were in the premium segment for ITC Ltd, doubli...
28 Mar, 2024, 09.20 AM ISTHow India’s booming ecommerce market is spurring a packaging makeover among FMCG companies Researcher NielsenIQ shows online contribution for impulse food such as chocolates, confectioneries and salty snacks rose to 5% in 2023, from 3% in 2022. In case of products such as washing powders/liquids, pre-post wash products, detergents and ble...
24 Mar, 2024, 05.30 AM ISTFMCG companies think small to make it big during polls Consumer goods companies in India are increasing stocks of small packs of biscuits, bhujias, chips, packaged water, and beverages costing ₹5 and ₹10 each by up to 10% across the country, anticipating a short-term spurt in sales during rallies and me...
07 Mar, 2024, 07.00 AM ISTFMCG companies roll out online-first items for mass market FMCG cos are targeting the mass segment by launching digital first products at lower prices due to the growth of e-commerce. This shift includes companies like Parle Products, Emami, Dabur, and Hindustan Unilever (HUL), driven by the need to reduce ...
24 Feb, 2024, 11.20 AM ISTFMCG companies to limit B2B sales to level field for distributors Leading consumer goods companies like Britannia, Dabur, Amul, and Parle are restricting sales to organized wholesalers like Flipkart Wholesale, Udaan, and Reliance Cash and Carry to avoid margin issues and cannibalization by traditional distributors...
19 Feb, 2024, 11.38 PM ISTBusiness is booming in Ayodhya's kirana stores Kirana stores in Ayodhya have stocked up 32% more products compared to last year, anticipating increased demand from the Ram temple inauguration. In contrast, orders placed by mom-and-pop stores with FMCG companies in India remained flat. The invent...
20 Jan, 2024, 10.15 PM ISTFMCG companies to add to ads after input cost subtractions Fast-moving consumer goods (FMCG) companies such as Dabur, Marico and Godrej Consumer Products said in investor notes that advertising, promotion and category development spending had gone up in the December quarter and some said it will increase fu...
14 Jan, 2024, 06.21 AM ISTFMCG cos expect election year to stimulate rural demand India's FMCG companies are facing challenges in rural markets due to sluggish demand caused by deficient rainfall. Stiff competition from local firms exacerbates the situation. However, there is hope for a recovery in rural demand in FY25 with incre...
11 Jan, 2024, 05.34 PM ISTFMCG companies use tech to fill up stocks at Q-Comm partners FMCG giants such as Nestle, ITC, Parle Products, LT Foods, and Coca-Cola are adopting real-time data exchange and demand forecasting to prevent stock-outs at quick-commerce (Q-comm) platforms like Blinkit, Swiggy Instamart, BBNow, and Zepto.
21 Dec, 2023, 12.38 AM ISTHow ITC succeeded in pivoting from its traditional tobacco business to FMCG under Sanjiv Puri A look at ITC’s top line shows the revenue share of its tobacco business has nearly halved—from 62% in FY14 to 37% in FY23. This change can’t come about unless you understand the Indian consumer. Sanjiv Puri, chairman and managing director of ITC, i...
11 Dec, 2023, 09.15 AM ISTITC beats Adani, Britannia & Parle to become largest FMCG co in food space ITC clocked food FMCG sales of ₹17,100 crore in the period, while Britannia was at ₹16,700 crore, Adani Wilmar at ₹15,900 crore, Parle Products at ₹14,800 crore, Mondelez at ₹13,800 crore and Hindustan Unilever Ltd (HUL) at ₹12,200 crore, NielsenIQ ...
08 Dec, 2023, 09.21 AM IST