BusinessUncover

Tag: CONSUMER GOODS

Marico hopes to increase direct outlet reach by 50% by FY27

Chief financial officer Pawan Agarwal of Marico, a consumer goods firm, stated in an interview with FE on Tuesday that the company will invest between Rs 80 and Rs 100 crore over the next three years to expand its direct distribution throughout the nation. The corporation will increase its direct outlet reach from 1 million…

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FMCG faces a growth slowdown this quarter: Kantar

It is anticipated by research firm Kantar that the current downturn in the fast-moving consumer goods (FMCG) industry will last until 2024. Although there hasn’t been a decline in the volume of FMCG, K Ramakrishnan, managing director of Kantar’s world panel division for South Asia, said growth has slowed. The trend indicates a tight Q1CY24,…

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