“Indian Retail at a Glance 261124"

This week’s developments underscore the vibrant growth and innovation within India’s FMCG sector, from expanding consumer choices to technological advancements. With new players entering key markets and strategic acquisitions reinforcing confidence, the industry is poised to meet evolving consumer demands while driving competitive growth. As we watch these trends unfold, it’s clear that India’s FMCG landscape is entering an exciting, transformative phase.

The spotlight is on the momentum in India’s FMCG sector as consumption levels surge, driven by robust domestic demand. With consumer spending back on the rise, companies like Patanjali Ayurved have seen significant revenue growth, highlighting a renewed confidence in the market’s potential. Additionally, tech advancements in AI and IoT are reshaping India’s retail landscape, opening new avenues for efficiency and innovation across the FMCG industry.

Excitingly, Karnataka’s Nandini brand is set to enter the Delhi market, offering consumers a broader choice and challenging established players like Amul with new products tailored to regional tastes. The recent acquisition of Del Monte by Agro Tech Foods signals strong investor confidence. As FMCG distributors urge regulatory clarity on quick commerce practices, it’s clear that the sector is evolving dynamically to meet both consumer and industry needs.

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1. Private consumption back to being driver of domestic demand: RBI article

The country’s economy is exhibiting resilience, underpinned by festival-related consumption, and a recovering agriculture sector, the ‘State of the Economy’ article published in the RBI’s November bulletin said.

2. Patanjali Ayurved’s FY24 revenue up 23%, helped by Patanjali Foods OFS

Baba Ramdev-led Patanjali Ayurved's total income has risen by 23.15 per cent to Rs 9,335.32 crore in 2023-24, helped by other income which includes OFS of Patanjali Foods (earlier known as Ruchi Soya) and income from other group entities, according to RoC filing by the company.

3. How Qualcomm Is Transforming India's Retail Landscape With AI, IoT
   
   From AI-powered coolers to biometric payments, AI is reshaping the retail experience globally, with India poised as the next frontier. Visit the article to see how one of the leading companies globally is aiding the AI lead retail transformation.

4. FMCG distributors flag deep discounts by quick commerce companies
   
   AICPDF says quick commerce firms' deep discounting, predatory pricing put small retailers and distributors under immense pressure. The distributor’s association has written to the finance ministry with their concerns

5. Karnataka’s Nandini to challenge Amul in the Capital region

The battle of dairy giants heats up. Karnataka's popular dairy brand, Nandini, is making its North India debut in Delhi on November 21st. The brand will initially offer fresh milk and curd, competing with established players like Amul and Mother Dairy.

6. Samara Capital-backed Agro Tech Foods to acquire Del Monte Foods from Bharti Enterprise

Consolidations and acquisitions are gaining speed. Agro Tech Foods Limited (ATFL), backed by Samara Capital, has acquired Del Monte Foods Private Limited (DMFPL) for over Rs 1,300 crore. The deal grants ATFL ownership of the Del Monte brand in India and includes manufacturing facilities in Tamil Nadu and Punjab.