Latest News, Updates & Breaking Headlines
The Goods and Services Tax reforms, announced on September 22 gave a much needed push to consumer demand, as sales volumes for household essentials and groceries rose sharply in the October-December quarter, as compared to a year earlier.According to executives citing NielsenIQ data and internal company numbers, volumes expanded by around 9–10% in the December…
Consumer goods companies across the country are finally seeing operations stabilising, months after changes to the GST structure were announced. Supply chains and inventory levels have returned to normal following the adjustment period after the reforms, making way for a recovery in demand from the next quarter. Executives from major FMCG and consumer-facing firms said…
MUMBAI: It has been nearly three months since the new GST rates have kicked in but the fast-moving consumer goods (FMCG) sector is yet to see the full impact of the benefits of the tax cuts that drove down prices of a host of essentials.Consumers first rushed to buy durables and cars, where the cuts…
NEW DELHI: Black Friday sales in India recorded a strong rise this year, with overall order volumes growing 27% compared to 2024, according to an analysis by e-commerce enablement platform Unicommerce. The surge was driven largely by healthy food products, beauty and personal care, and home categories.The findings highlight the increasing popularity of the global…
MUMBAI: Call it the impact of new age D2C brands bringing about a shift in consumption patterns as they build products to cater to different consumer nuances, or more households going premium helped by rising incomes, global FMCG giants are bringing foreign brands to India. Be it PepsiCo getting its Australian gourmet snacking brand Red…
Rising production costs are putting pressure on consumer goods makers, but many are choosing to delay price hikes amid fears that any upward revision could trigger government action following the latest GST reductions.Executives from major firms in categories such as soaps, biscuits, detergents, automobiles and consumer electronics said they plan to approach the government and…
Muted consumer appetite is pulling down the valuation of India’s top 75 brands, with growth in 2024-25 slipping to a meagre 6%, in stark contrast to the 19% jump recorded last year. The combined value of these brands rose to $475.4 billion, according to the Kantar BrandZ Most Valuable Brands Report 2025. The study measures…
Sales growth in India’s fast-moving consumer goods (FMCG) sector eased in the September quarter, with volume growth slipping to 5.4 per cent due to disruptions linked to GST rate changes, even as value growth rose to 12.9 per cent, according to data from NielsenIQ. The report said rural markets continued to expand faster than urban…
MUMBAI: The sales of consumer goods like soaps, shampoos and washing detergents slowed in the Sept quarter in anticipation of the GST cuts, impacting FMCG volume growth sequentially. Volumes grew by 5.4% compared to 6% in the June quarter with the decline being led by the home and personal care categories, data released by NielsenIQ…
File photo (Picture credit: ANI) Fast-moving consumer goods (FMCG) makers in India — from soap to soft drinks — saw a slight hit to sales in the September quarter due to disruptions arising from Goods and Services Tax (GST) reforms and heavy rains across parts of the country. However, global majors such as Unilever, Reckitt,…
