Economic Times Unilever global chief executive Alan Jope said high inflation impacted demand from low income consumers in Indian villages even as growth remains stronger in cities. "The market growth in India remains stronger in urban areas than in rural areas and that reflects the high impact of high food inflation on low income consumers. We are seeing rural markets broadly flat in value terms with lower volumes," Jope said during its...
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FMCG growth slows in Oct-Dec Quarter - Sharleen D'Souza
- Business Standard India’s fast-moving consumer goods (FMCG) sector grew at a slower pace of 7.6 per cent, in the October-December 2022 quarter, compared to the previous quarter as well as October-December 2021, Business Standard reported, citing data from market research firm NielsenIQ. Price growth has tapered and volumed remain weak. Price growth during the quarter was 7.9 per cent, lower than 9.9 per cent in the previous quarter. FMCG firms were...
More »Distributors upset by FMCG cos’ practices -Suneera Tandon
-Livemint.com The issues were discussed at a national governing council meet of the All India Consumer Products Distributors’ Federation (AICPDF) in New Delhi earlier this month NEW DELHI: Distributors of fast-moving consumer goods have raised concerns over some practices of packaged goods makers such as Amul, Mondelez and Tata Consumer Products, which they say are leading to supply shortages, or dumping of stocks in a sluggish market. The issues were discussed at a...
More »Piscean power -Nitin Sangwan
-The Telegraph Aquaculture is yet to see the kind of technological change that the agriculture sector underwent during the Green Revolution Fisheries is one of the fastest-growing sectors in the world that plays an important role in economic development as well as in facilitating nutrition security. Animal protein is a primary source of protein for billions of people and aquaculture provides for the livelihood of more than 10% of the global population....
More »You’re not imagining it, Maggi to Vim bar—FMCGs are getting smaller. Shrinkflation is here -Shubhangi Misra
-ThePrint.in The chips, cola, detergent and namkeen you’re buying are getting more expensive. You’re just not noticing it, thanks to shrinkflation. New Delhi: Mukesh Tiwari, 35, set up his paan shop in Delhi’s ITO about three years ago. Since then, he noticed that the size of Rs 5-10 snack packets had shrunk considerably. “I didn’t weigh the older packets and I can’t give you a comparative analysis. Bas ye samjhiye sab chota...
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