FMCG industry grew 9.4% in January-March quarter: Nielsen
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FMCG industry grew 9.4% in January-March quarter: Nielsen
John Sarkar / TNN / May 12, 2021, 20:23 IST
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NEW DELHI: The fast moving consumer goods (FMCG) industry in India built a strong momentum growing at 9.4% in the January-March quarter before the second wave of Covid-19 infections hit the country.
Sales of soaps and shampoos grew 7.3% in the previous quarter (October-December 20) over the same period of 2019. The industry rode on a consumption-led growth and value growth due price hikes of staples, showed data from Nielsen.
Rural and semi-urban markets continued their robust performance growing at 14.6% during the quarter, while metros that were lagging, registered a positive growth of 2.2% after two quarters.
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Americans have too much toilet paper. it is catching up to companies.
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