As per their estimates, packaged snacks sales returned to pre-Covid levels in January-February period, while ice-cream sales increased 30% year-on-year during the same period and beverages are up by 10-11%.
Adi Godrej conferred Lifetime Achievement Award by
Updated: Feb 3, 2021 7:28 PM
exchange4media hosted the 7th edition of Indian Marketing Awards (IMA) 2020, co-powered by Colors & Kalnirnay, on 3rd February 2021, acknowledging and rewarding brands for excellence in marketing.
The virtual awards ceremony was preceded by a panel discussion titled The Role of the CEO in Building Brands , featuring Rajesh Ramakrishnan, MD, Perfetti Van Melle India Pvt Ltd; Sarbvir Singh, CEO, Policybazaar.com; Kushal Agrawal, Co-Founder, XOXODAY; and Dr Annurag Batra, Chairman & Editor in Chief, BWBusinessworld & exchange4media Group (Session Chair) and a fireside chat with Bharat Puri, MD, Pidilite Industries Ltd and Nawal Ahuja, Co-Founder, exchange4media.
The industry also said the Budget will drive consumption and growth momentum needed to revive the economy. Budget will help increase rural consumption: FMCG makers
New Delhi: The FMCG industry on Monday said a special focus on the agriculture sector in the Union Budget will help increase rural consumption and sustain growth momentum.
FMCG manufacturers like ITC, Emami, Marico and Jyothy Labs said it is encouraging capital infusion in infrastructure, divestment and restructuring of allocations without impacting consumers negatively.
The industry also said the Budget will drive consumption and growth momentum needed to revive the economy. According to ITC Chairman & Managing Director Sanjiv Puri, it is a visionary and growth-oriented budget , which provides further impetus to build India s competitiveness as also foster inclusive growth. The enhanced capital expenditure, particularly on infrastructure, will create livelihoods and provide an accelerated thru
The FMCG industry on Monday said a special focus on the agriculture sector in the Union Budget will help increase rural consumption and sustain growth momentum. FMCG manufacturers like ITC, Emami, Marico and Jyothy Labs said it is encouraging capital infusion in infrastructure, divestment and restructuring of allocations without impacting consumers negatively. The industry also said the Budget will drive consumption and growth momentum needed to revive the economy. According to ITC Chairman & Managing Director Sanjiv Puri, it is a visionary and growth-oriented budget , which provides further impetus to build India s competitiveness as also foster inclusive growth. The enhanced capital expenditure, particularly on infrastructure, will create livelihoods and provide an accelerated thrust to the V-shaped recovery trajectory.
New Delhi: With an epic battle of billionaires for supremacy in one of the world’s most prolific markets and a pandemic-propelled surge in online shopping in the background, India’s nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the new year.
In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world’s wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach USD 1.3 trillion by 2025.