See our top 10 most read food and beverage industry stories from 2023, featuring local brewery Bira 91, snacking firm Beyond Snack, domestic basmati rice regulations and more.
Best Media Info: HUL reported an increase of 12.74% in its consolidated net profit at Rs 2,601 crore for the fourth quarter ended March 31, 2023| Marketing News
Major FMCG companies feel the demand slump has bottomed out and there are green shoots of recovery in the rural markets, which have been under stress since the last few quarters.
With abating commodity price pressures, firms such as HUL, Godrej Consumer Products Ltd., Dabur India Ltd., Marico Ltd. and Emami Ltd. expect a gradual recovery in consumption and are increasing upfront marketing investments in advertising and promotion.