FMCG

Reliance Consumer Products Limited (RCPL)—the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL) on Friday announced that it has completed the acquisition of majority stakes in LOTUS Chocolate Company Limited.   “Further to the media release dated December 29, 2022, regarding acquisition of controlling stake in Lotus Chocolate Company Limited (“LOTUS”), ...

The FMCG sector in India has reported 36 percent increased sales in Q2’21 as compared to Q2’20. The packaged foods category has seen a significant decline in sales consistently, while the packaged staples segment saw an increase in the Q2 of 2021 as compared to 2020. After a heavily impacted pandemic period last year and ...

The Indian grocery retail industry is currently one of the top-five retail markets globally by economic value. Estimated to be worth around $600 billion, the industry is predominantly led by the 15 million small merchants and entrepreneurs servicing the essential needs of 1.3 billion people around the country. Over the last two decades, in particular, global ...

Brainchild of Spiritual leader Sri Sri Ravi Shankar, the consumer goods and wellness brand, Sri Sri Tattva, has been riding high on success. The increase in the demand for organic and swadeshi products has made Sri Sri Tattva one of the leading brands in the health and wellness space in India The company has expanded ...

The changing lifestyle, growing awareness, and easy access have been the key growth drivers for the sector. The urban segment is the largest contributor with around 40% revenue share to the overall revenue generated by the FMCG sector in India. With a market size of around US$53 billion, the market is expected to grow at ...