Bitter-sweet
Changing global cereal prices are expected to influence FMCG product prices directly.
fmcg companies
March 2024
January 2024
January 2023
December 2022
October 2022
FMCG’s Middle Order Plays Stellar Innings
With a strategy which seeks to close the gaps left by the big players, India’s mid-sized FMCG companies have found their sweet spot.
Coal: On The Ebb
Sector Macroscope
Rural demand to remain muted this fiscal, expect green shoots in FY24
Rural India contributes around 36% (due to lower per-capita consumption) of consumer goods companies' revenue, but it accounts for two-thirds of India's population.
FMCG revenues to grow 7-9% in this and next fiscal: CRISIL
Volume growth, however, will be just 1-2% compared with 2.5% last fiscal, the ratings agency says.
FMCG majors cut prices 2-20% to shore up growth
FMCG companies were on a price-hike spree for the past two years. But the change in tactic is because there is a clear softening of rural demand, a big driver for FMCG revenues at 65-70%.
