The FMCG market is poised for 4.5-6.5% growth in FY24, this outlook reflects the industry s ability to navigate complexities and adapt to evolving market dynamics, NielsenIQ said.
The Indian FMCG industry has experienced a 6 per cent growth in value, attributed to a 6.4 per cent increase in volume, indicating positive consumption patterns at an all-India level, the report read.
Schneider Electric has appointed Preeti Gupta Mohanty as its new chief financial officer for the greater India zone. With 20 years of finance experience, Mohanty previously held roles at Ingersoll Rand, GlaxoSmithKline Consumer, Coca-Cola India, and Deloitte.
The Naukri JobSpeak Index for January 2024 reveals notable year-on-year job growth in the healthcare, hospitality, and FMCG sectors amidst a cautious market environment. Overall, the index reached 2455, marking a 1% increase from the previous month but an 11% decline compared to the same period last year.
There are over 1,00,000 startups, with many of them operating in the FMCG and food sectors, and all of them are looking to establish a unique identity for their products. With a set-up equipped with the HP Indigo 25K, Navi Mumbai’s Art Next is creating a niche for boutique brands with its flexible packaging solutions. Noel D’Cunha and Aditya Ghosalkar find out. Read more