Over the past week, several unusual partnerships among start-ups, traditional businesses and hospitals have been announced, and several more are likely to materialise soon. The trend could see increased importance of gig workers, who are taking considerable risk to deliver goods to people in the time of a pandemic.
Even as large fast moving consumer goods companies like Hindustan Unilever and ITC struggle with their volume growth, mid-tier FMCG companies like Godrej Consumer Products, Marico, Dabur and Nestle have reported strong spurts in volumes as they focus on inorganic growth and rural markets, according to industry experts.
The global Indian company has hit gold in the Emirates of the Gulf.
Combined profit before tax of 81 firms down 37.5% y-o-y, worst show in at least 3 years.
India has no idiosyncratic innovation ecosystem, distinctively its own. Our VCs will not rush to fund brilliant ideas, says R Gopalakrishnan.
Exit polls have a way of going horribly wrong, as they did in 2004. And India Inc is hoping it stays that way this time, too. That's because industry is concerned that the fractured verdict predicted by various media channels on Thursday would mean continued uncertainty on the economic policy initiatives that need to be taken up on a war-footing.
The firms record robust 10-15% growth till September. However, despite the enhanced outlays for A&B, companies are looking at adopting cost -cutting measures.
Many consumer good companies say they will pass on the benefits to consumers, which will bring down prices.
It's puzzling why Indian cos keep their acquired brands out of play.
Through this transaction, Amazon has managed to acquire around a 3.6 per cent stake in the Future group.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Some of these items of consumption include ultraviolet disinfectants and sanitising boxes, free-finger touch devices, do-it-yourself grooming kits, self-cleaning water bottles, smart tiffin boxes, hand-sanitizer wearables, antiviral fabrics, tiles, flooring and mattresses, and anti-fogging glasses.
Age and experience not less relevant but firms are gradually moving towards younger leadership teams
Hindustan Unilever is associating with small-format retail through its Super Value Store, Dabur with Parivaar and Marico with Mera. At many shops, the counter has been modified into a U or L shape so that the shopper can move and pick items.
Merger and acquisitions is the toast of the season and a full platter of deals is expected to hit the table very soon in the consumer goods space involving leading players like HLL, Dabur, Marico and United Spirits.
Chief executives in the real estate, consumer products, automobiles, construction, and textile sectors said they were all expecting workers to re-join in the next 45-60 days, which would help them ramp-up production from July.
Consumer goods companies are realising that men also participate in decisions about groceries
The highest salary rose by 14.22 per cent from last year.
Moving ahead from the conventional advertising focus on brands, FMCG companies are now trying to establish a connection among the company and its various brands.
South-based CavinKare announced plans to expand its salon brand, Green Trends, from the current 35 to 70 by the end of 2007 and 140 by end-2008.
Why the consumer care business is still important to IT major Wipro?
Footfalls will invariably come down to a trickle even after lockdown restrictions go away, and the only way to prevent someone else from poaching your consumer is to go down to the consumer herself. Consumers will prefer products and services to be delivered to their doorstep, hygienically and safely.
Harsh Mariwala, CMD, Marico Industries, touched upon the key challenges facing marketers and what brands must do to remain relevant.
According to an investment banker, apart from other international suitors, the Indian companies such as Godrej and Marico too have been approached for picking up the stakes in the home and personal care products company.
JNPT, the country's largest container port, would soon move into congestion if cargo does not get lifted by importers in the next few days.
Companies from Nestle and ITC to Hindustan Unilever and Patanjali have pledged to reduce use of unhealthy ingredients by five to 50 per cent
@015 may be a good year for FMCG firms.
According to a 2013 CLSA report , online retail in India was worth $3.1 billion, or about 10% of the country's organised retail market
Kaya Skin Clinic, a venture of Marico Industries, has planned to set up shops in SAARC countries like Bangladesh and Sri Lanka while expecting a turnover of over Rs 20 crore (Rs 200 million) during 2004-05.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Kaya Skin Clinic, part of Marico Industries, on Thursday said more men in South India were turning to its clinics and it would increase the number of outlets in the country during this year.
Citing the continuing 'cyclical turnaround' in the economy and the 'positives' in Union Budget for 2003-04, mutual fund Franklin Templeton has said the FMCG segment was in for better times.
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