$1 Trillion And Counting...
The stewards of India’s rising affluence have created a new record with the elite club of dollar billionaires surging to 185 with a cumulative net worth of $1.19 trillion.
fmcg sector
September 2024
July 2024
March 2024
February 2024
December 2023
September 2023
August 2023
July 2023
February 2023
Budget 2024: Higher disposable income to boost consumption
The Budget’s measures are set to reshape consumption patterns and drive growth within the FMCG sector
FMCG sector poised for 9% growth in FY25 on rural demand boost: CRISIL
Volume growth of 6-7% in FY25 from rural consumers is expected; it could be supported by better monsoon benefitting agri production, and hike in MSP farm incomes
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.
Nestlé India Q4 profit up 4% to ₹656 cr amid external challenges
Nestlé India observes "uptick" in sales in "RUrban markets" despite challenging environment; declares interim dividend of ₹7 apiece amounting to ₹674.91 cr
Regional Brands Storm FMCG Fortress
Agile and proactive regional brands are giving large FMCG companies stiff competition.
Ravi Jaipuria most valuable in FMCG
FMCG sector has 13 dollar billionaires, led by Ravi Jaipuria of RJ Corp, followed by promoters of Asian Paints.
The Return of Brick and Mortar Retail
Retail chain giants are back with a bang and continue to add muscle to India’s $110 billion organised retail story with more stores and footfalls.
HUL Q1 profit up 8% to ₹2,472 cr; revenue surges 7%
HUL CEO Rohit Jawa says FMCG markets are recovering gradually, although the operating environment remains "challenging"
The Consumption Dilemma
While Budget 2023 promises more disposable income, private consumption is unlikely to increase in a hurry.
