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FMCG players monitoring Covid impact on rural demand - The Hindu BusinessLine

FMCG players monitoring Covid impact on rural demand May 10, 2021 Cos hopeful of good monsoon amidst subdued consumer sentiment With the second wave of the pandemic spreading ferociously beyond bigger cities, the domestic FMCG industry is closely monitoring the impact on demand trends in rural regions and smaller cities. Industry observers said that a broader spread is expected to have some impact on demand trends for non-food categories and those driven by discretionary spends and out-of-home channels in rural regions. In addition, with States imposing lockdown-restrictions, essential stores are also now operating for limited number of hours in several regions during the second pandemic wave. As rural regions were largely untouched in the first wave, rural demand outpaced urban demand and rural FMCG sales had been growing in double digits.

The New Titan- Business News

Titan Company s new leadership team is trying hard to morph the Rs 20,000-crore legacy lifestyle company into a young, edgy organisation

Don t step out, Britannia tells sales staff amid surge in COVID cases

Don’t step out, Britannia tells sales staff amid surge in COVID cases SECTIONS Share Synopsis Britannia expects consumers to stock up over the next few months, akin to a year ago but production and back-end operations will not be impacted as manufacturers are better prepared this time around. Britannia Industries has asked sales staff to refrain from stepping out even if distribution is affected in the short term in view of the alarming rise in Covid-19 infections, managing director Varun Berry said during an analyst call on Tuesday. “We are actually asking people not to go to the market. We don t care if our distribution drops. We will work harder and build it back,” Berry said.

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