After sluggish pace last 6 quarters, FMCG cos to hit growth spurt on triple tonic boost
rural demand recovery, premiumisation and return of value growth, according to industry executives.
Value growth will largely come from an increase in product prices, they said, as companies pass on the increase in prices of raw materials such as palm oil, crude oil, bulk tea, wheat flour and sugar of up to 30%.
The mix of volume and value growth is likely to push most category growth rates to around mid-teens in the next two quarters up from the single-digit growth seen in recent quarters, they said.
Hindustan Unilever Limited (HUL) chief executive officer Rohit Jawa said the FMCG market has always grown roughly half through price increases and half through higher volume. He said till now, the price was negative to zero, but that’s improving, accounting for a few percentage points of growth that was missing in the market. FMCG companies had slashed prices in 2023-24 as input prices moderated.
Web Development
C++ Fundamentals for Absolute Beginners
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
AI and Analytics based Business Strategy
By — Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, IT Specialist and Developer
Strategy
Succession Planning Masterclass
By — Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd.
Web Development
Mastering Full Stack Development: From Frontend to Backend Excellence
By — Metla
