A prolonged rural slowdown is dragging demand for packaged consumer goods. A revival later this year depends on monsoons and post-election government spending
Preeyam Tolia, Equity Research Analyst at Axis Securities, expects gradual rural demand recovery and only in the second half of FY25. Likes Nestle, Jyothy Labs, Varun Beverages. FMCG companies focus on distribution, market expansion, and new products. Margins of paint sector under pressure. Positive outlook for Nestle, Jyothy Labs, Varun Beverages despite raw material inflation.
A new report highlights Mumbai, Bengaluru, Chennai, Delhi, and Hyderabad as the top five Indian cities showing strong hiring intent in the FMCG sector. It notes increased hiring in sales, marketing, IT, office services, HR, and blue-collar roles. The report by TeamLease Services also points out a significant gender gap in the FMCG workforce, with over 90% male associates.
Sectors like FMCG, healthcare, and entertainment are set to benefit as market analysts re-evaluate stocks in light of the government s latest consumption expenditure data, highlighting shifts in consumer spending patterns
Dubai governments chief economist (trade and export development) Ashraf A. Mahate said Indian companies are exploring both manufacturing set up with local value addition and re-export of commodities and other FMCG products.