As the level of innovation of innovation and interest of population has been accelerated towards E Vehicles in past decade, FMCG industry is shifting gears by involving E Vehicles for last mile distribution. Although th EV’s are 20% more expensive than diesel carriers of similar capacity but they are cheaper to run and contributes to the environment by cutting carbon emissions considerably. Large consumer goods companies in India have started accelerating formalisation of their workforce with staffing solutions, to eliminate unnecessary costs, reduce attrition and increase productivity
This week’s edition of “Indian Retail at a glance” highlights the latest happening in the FMCG industry such as how plastic ban is looming on the strategic plannings of the industry, How price marks are behaving and directly impacting the consumers.
FMCG companies eye e-vehicles for last-mile distribution
As last-mile distribution adds to greenhouse gas emissions, some fast-moving consumer goods (FMCG) companies are chalking out plans to replace their existing fleets with electric Vehicles.
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FMCG Q4 Results Preview: Price Hikes To Dent Volume Growth
Makers of staples to shampoos are expected to report sub-5% volume growth, according to analysts tracking the sector. They expect volumes to contract for Hindustan Unilever Ltd. and Dabur India Ltd. due to grammage cut in soaps and detergent and a high base of health supplements categories.
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Products of 30,000 small brands cater to 80% of India's population
Household products of over 30,000 brands operating at small and medium scale cater to a majority of the country's population, while only 20 per cent use such items sold by big corporate houses, a survey said.
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Plastic ban looming, FMCG firms consider importing paper straws
With barely two-and-a-half months to go before the plastic straw ban kicks in on July 1, fast-moving consumer goods (FMCG) companies that sell juices and milkshakes in small tetra packs with straw attached see only one plausible alternative at this point: Paper straws. Only, making the switch from plastic to paper is easier said than done.
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Indian paper industry seeks urgent allocation of coal
The coal availability for the captive power plants of the pulp and paper industry continues to be precarious for several months. As a result, production processes are severely disrupted at several paper mills while others are on the verge of shutting down operations.
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Nestle India Q4FY22 Results Preview: FMCG major likley to report 10% YoY growth in top line, margins may see contraction
The growth momentum may continue for the fast-moving consumer goods (FMCG) major Nestle India, as several brokerages see profit and revenues to grow year-on-year (YoY) during the quarter ended 31 March, 2022.
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Stirring things up: FMCG firms plan to add a dash of spice
Hindustan Unilever Ltd (HUL) acquiring one of the oldest players in the spices segment, Mahashian Di Hatti Pvt. Ltd or MDH. MDH and HUL both denied the move but investors enthused with the reports of the deal, which would have given the largest FMCG company a foothold in the rapidly growing spices segment, where only regional companies have successfully built a play so far.
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P&G India appoints LV Vaidyanathan as its new CEO
Procter & Gamble said LV Vaidyanathan, head of its Indonesian business will replace Madhusudan Gopalan as its India chief executive. The change is effective from July 1, the maker of Olay skin cream and Tide detergent said on Tuesday in a statement.
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