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FMCG
Cars, bikes, phones, TV sets and ACs to pinch pockets more this festive season
Brace yourself for another round of price hikes in cars, two-wheelers, smartphones, laptops, televisions, refrigerators and air-conditioners.
FMCG, retail showing resilience to grow and evolve post-pandemic: Report
According to Chair FICCI FMCG Committee Madhusudan Gopalan, the FMCG sector is well-positioned to rise to the challenge as companies have accelerated innovation across every business aspect - product development and marketing, manufacturing, retail, or strengthening the organisational culture in the new normal.
Organic cosmetics company Juice Beauty launches in India
Gurugram-based House of Beauty - the company that launched Boddess in India in 2020 said it will expand American beauty brand Juice Beauty through 20-30 sales points in the coming days. The company will also tie up with other online omni-channel retailers to sell their products.
RP-Sanjiv Goenka Group forays into personal care FMCG segment
Guilt Free Industries has launched its range based on natural ingredients under the Naturali brand. Goenka said the company will expand the range and also exploring acquisition opportunities. It has rolled out shampoo, hair conditioner, face wash and face cream and will launch body lotion in winter.
Inflation a pre-festivity red flag for FMCG companies
India's retail inflation eased to 5.3% in August after hitting a high of 6.3% in May. However, wholesale inflation remained high in double digits at 11.4% last month, highlighting commodity and input cost pressures.
CavinKare forays into men's grooming segment; to offer head-to-toe solutions
The company said it has witnessed an increased interest among the 'urban' male consumers for personal grooming products.
Unsure if demand will stay, inflation a concern for 2022: Nestle India chairman Suresh Narayanan
Nestle India, the country's largest pure-play packaged foods company that makes Maggi noodles, Nescafe coffee and Milo health drink, also flagged inflation as a core concern.
Nestle India increasing number of female employees; 42 per cent of new hires in 2020 were women
Nestle India, the leading FMCG player, well known for household brand names like Maggi and Milkybar, is anticipating an escalation in the prices of raw material inputs, including milk, coffee, cocoa and oil prices.
Dabur forays into face wash category under Vatika brand
Dabur India AGM - Consumer Marketing - Rajat Mathur said, "With the new Vatika Face Wash, the homegrown FMCG major is now expanding the Vatika franchise to give consumers a soap and paraben-free product for their daily face care needs."
White goods industry dishes out ₹5,866-crore investment plan
The government has received 52 proposals to invest a total of ₹5,866 crore under the production-linked incentive (PLI) scheme for white goods comprising components for air-conditioners and LED lights.
Tata Consumer Products to join hands with IIMR to strengthen product portfolio in millets
"The MoU will help combine the R&D expertise of the two entities and help TCP to strengthen the product portfolio in the area of millets, develop more value-added formats for consumers and make millets available to many more consumers across India," TCPL said.
Why is there divergence in market on ITC? Unmesh Sharma explains
“In India, there are 10 or 12 ESG funds now. Globally this has been a huge trend. What happens sometimes is that while it does not affect the business as such, at the same time, it is top of mind for a lot of the investors. As a result, we are starting to see that playing out for the last few years in ITC. ”
Parle set for a fight with Kellogg's, Nestle; to roll out breakfast cereals
Demand in the ready-to-eat products category has been growing amid the coronavirus-led restrictions that have kept most people at home. The company said the new product will be positioned in the indulgent segment and will compete with the likes of Tata Soulfull and Kellogg's.
Godrej Consumer Products expects double-digit growth in FY'22
The Godrej group firm is focusing on becoming a fully comprehensive home and personal care company and it is also expanding its reach in the rural areas, where it has added 30 per cent new stockists after the pandemic.
Mobility, office reopening reboots ready-to-eat food sales
Consumption of packaged food outside homes has bounced back sharply since August, helped by increased mobility, reopening of offices, hotels and restaurants and the rise in travel and social events.
Fssai ropes in IIM-A for report on front-of-pack labelling
The Food Safety and Standards Authority of India (FSSAI) has roped in premier B-school IIM-Ahmedabad to conduct a detailed report on impact on consumers on front-of-labelling for packaged and processed foods in India, the most debated regulation for foods packaging which has been
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