India's Fast-Moving Consumer Goods (FMCG) sector has shown remarkable growth, fueled by rising consumer demand and increasing product prices, particularly for essential goods. This sector not only plays a crucial role in the country's economy but also provides employment to around 3 million people, representing approximately 5 percent of total factory employment in India.
Sheikh Hasina’s forced departure from Bangladesh has raised significant concerns regarding its political and economic repercussions for India. Nobel laureate Muhammad Yunus has been appointed to lead the interim government, aiming to stabilize the situation. This political upheaval has affected Indian FMCG firms like Marico, which experienced fluctuations in their stock prices due to their exposure to the Bangladeshi market.
This week’s edition of “Indian Retail at a glance” shares insightful articles How the forced ouster of Sheikh Hasina from Bangladesh is likely to impact India, politically and economically? How Consumer Trends and Digital Adoption are Fueling India’s FMCG Growth.
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How Bangladesh crisis may impact Indian FMCG companies?
How the forced ouster of Sheikh Hasina from Bangladesh is likely to impact India, politically and economically?
How Consumer Trends and Digital Adoption are Fueling India’s FMCG Growth
India's Fast-Moving Consumer Goods (FMCG) sector has demonstrated remarkable growth, driven by consumer demand and increasing product prices, especially for essential goods. This sector not only contributes significantly to the country's economy but also provides employment to around 3 million people, accounting for approximately 5 percent of total factory employment in India.
E-commerce led by quick-commerce emerging as ‘high growth channel’ for FMCG companies
FMCG players are witnessing strong growth in the overall e-commerce segment, led by quick-commerce platforms. Companies such as Dabur India, Nestle India, Hindustan Unilever and Tata Consumer have reported high double-digit growth on e-commerce channel in their Q1 earnings.
Changing consumer trends: Premium outperforms mass as ‘new’ India seeks quality of life
Demand for premium products from hair serums and fabric conditioners to dark chocolates and muesli expanded by over a third by volume and more than half in value over the past two years, significantly outpacing the overall fast moving consumer goods segment that grew in low-single digit.
Packaged food makers gear up to hike prices as input costs bite
Packaged foods companies Britannia, Parle Products, Mondelez and Dabur could change their strategy of cutting prices that they have been employing for the past several quarters to boost consumption, and instead raise prices by 4-10% because of inflation in flour, cocoa and sugar.
Adani Enterprises board approves demerger of food FMCG business; to integrate with Adani Wilmar
The board of directors approved the demerger of the food FMCG business of Adani Enterprises to its group company Adani Wilmar Limited, along with its strategic investment in Adani Commodities LLP.