Market Update
The Fast-Moving Consumer Goods (FMCG) sector forms a vital part of India’s economy, covering essentials like food, beverages, personal care, and household products. The industry is set to hit a $100 billion market size by 2025, driven by rising incomes, an expanding middle class, and increased e-commerce penetration. However, challenges such as fragmented distribution, rising raw material costs, infrastructure gaps, and stiff competition remain. Against this backdrop, HUL and ITC stand out as two dominant players with distinct strategies.
Continue Reading
about 29 days ago