FMCG companies are struggling. They have now resorted to 'shrinkflation' to cope with the increased input cost, without passing on the price burden to consumers. Our next report tells more about it
ApnaKlub allows anyone with a smartphone and an entrepreneurial drive to earn supplemental income by aggregating demand and supplying FMCG goods to retail (kirana) stores in their local community
According to data by Bizom, mid-single-digits to double-digit price rises are being seen in all essential foods because of the increase in input, logistics, and packaging costs
Last fiscal year, the overall turnover of KVIC stood at Rs 1,15,415.22 crore as compared to Rs 95,741.74 crore in 2020-21. KVIC has thus registered a growth of 20.54 per cent from 2020-21
The company also proposed to purchase of a 10.15 per cent minority interest in its UK subsidiary, TCP UK, from Tata Enterprise (Overseas), Switzerland, (TEO).
According to Bizom, four out of six categories tracked are witnessing downtrading in rural markets, while five of six in urban markets have also seen a similar trend.
Despite being considered a safe bet in a choppy market, investors have dumped FMCG stocks in the past few months. Let's find out what is pushing investors away from these counters