Latest News, Updates & Breaking Headlines
Repriced and repacked! Your biscuit, shampoo and water bottles will now be bigger!Remember when a Rs 5 Parle-G pack or a Rs 20 Bisleri bottle felt like such a steal, giving you more than you expected?Those days could soon be back as FMCG companies are planning to bring back these familiar price points by mid-November,…
MUMBAI: FMCG companies have flagged slowdown in sales and impact on profitability in the Sept quarter as markets prepared for the new GST regime, leading to temporary disruptions in supply chain.Distributors and retailers stopped taking new orders to avoid stocking up shelves with products carrying old price tags while consumers deferred purchases to avail the…
FMCG drops popular Rs 5 & Rs 10 packs Popular price points of Rs 5 and Rs 10 are disappearing from India’s fast-moving consumer goods (FMCG) shelves. Parle-G, after two decades of selling its smallest biscuit pack at Rs 5, has now priced it at Rs 4.45. Other everyday items are also shifting- the Rs…
Consumers are beginning to see cheaper daily essentials on store shelves as companies move early to pass on the benefits of reduced Goods and Services Tax (GST) rates, which come into force from Monday. According to ET, firms are dispatching products with revised price tags and absorbing the tax gap themselves to avoid a last-minute…
Leading FMCG makers Procter & Gamble, Emami and Hindustan Unilever Ltd (HUL) on Thursday announced sweeping price cuts across a wide range of products — from soaps and shampoos to toothpaste, coffee and baby diapers — to pass on the Goods and Services Tax (GST) rate cut benefits to consumers. The new price lists will…
MUMBAI: You will soon be able save more when you shop for groceries because prices of a host of products you use daily – from jams to shampoos are set to get cheaper. With barely a week to go for the rollout of the new GST rates, FMCG companies have begun firming up price cut…
