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FMCG cos see double-digit sales growth in Apr-June qtr amid pandemic
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FMCG companies log sales growth after Unlock 2 0
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Synopsis
Companies such as ITC, Himalaya Drug Company and Patanjali said they have ramped up their production capacity to address spurt in demand, assuring that their hygiene products are available to the consumers.
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Sanitisers are making a comeback due to rising Covid cases
As the devastating second wave of the COVID-19 pandemic sweeps across India, leading FMCG companies are witnessing a strong surge in demand for their health and hygiene products, including hand sanitiser, hand wash, disinfectant spray and germ protection wipes.
Companies such as ITC, Himalaya Drug Company and Patanjali said they have ramped up their production capacity to address spurt in demand, assuring that their hygiene products are available to the consumers.
FMCG companies look to hike prices to offset inflationary pressure on raw material inputs
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Last Updated: Jan 10, 2021, 05:17 PM IST
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Synopsis
FMCG players have been trying to absorb the price increase of raw material inputs such as coconut oil, edible oil and palm oil, but they are unlikely to hold the prices of their commodities for a long time as that will impact their gross margins.
Agencies
Consumers may have to shell out more money for their daily use products as FMCG firms are facing inflationary pressure on raw material inputs
NEW DELHI: Consumers may have to shell out more money for their daily use products as FMCG firms, which are facing inflationary pressure on their key raw material inputs, are considering marginal hike on their products price to offset it.
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