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ITC is "one of the fastest growing FMCG Businesses in India" with rapid scale in revenues, which is largely "driven by brands developed in-house", ITC in an investor presentation released on Tuesday. ITC s FMCG products are now "present in 3 of 4 households in India," it added. Its foods business has a CAGR of 13 per cent over 10 years and 3-times growth in last 10 years. ....
The CMA will scrutinise ‘green’ claims made by Unilever about certain household essential items, such as a number of cleaning products and toiletries. ....
The conglomerate leads the fast-moving consumer goods category in the food sector with its portfolio of mega brands. ITC is now potentially looking at some bold strategic moves to fortify its position ....
Fmcg: Since a year, there has been a noticeable drop in rural volume due to inflation and erratic monsoons. While the demand in cities is leading the overall growth with urban incomes more resilient, companies expect rural volume to recover on the back on a decent monsoon, which generally translates into higher sales after a quarter lag. ....
Since a year, there has been a noticeable drop in rural volume due to inflation and erratic monsoons. While the demand in cities is leading the overall growth with urban incomes more resilient, companies expect rural volume to recover on the back on a decent monsoon, which generally translates into higher sales after a quarter lag. ....