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FMCG industry grew 9.4% in January-March quarter: Nielsen


FMCG industry grew 9.4% in January-March quarter: Nielsen
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FMCG industry grew 9.4% in January-March quarter: Nielsen
John Sarkar / TNN / May 12, 2021, 20:23 IST
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NEW DELHI: The fast moving consumer goods (FMCG) industry in India built a strong momentum growing at 9.4% in the January-March quarter before the second wave of Covid-19 infections hit the country.
Sales of soaps and shampoos grew 7.3% in the previous quarter (October-December 20) over the same period of 2019. The industry rode on a consumption-led growth and value growth due price hikes of staples, showed data from Nielsen.
Rural and semi-urban markets continued their robust performance growing at 14.6% during the quarter, while metros that were lagging, registered a positive growth of 2.2% after two quarters. ....

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Consumer demand takes a hit: FMCG, electronics, auto sales falter in April


Synopsis
The fast-moving consumer goods (FMCG) market shrank 16%, according to Bizom, which transacts with 7.5 million retail stores. Sales of refrigerators, air-conditioners, televisions and washing machines fell about 65%, as per estimates by the Consumer Electronics and Appliances Manufacturers Association (CEAMA).
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Sales of daily groceries, essentials, electronics and automobiles declined sharply in April compared with last month, indicating faltering demand amid surging Covid infection cases and ensuing restrictions.
The fast-moving consumer goods (FMCG) market shrank 16%, according to Bizom, which transacts with 7.5 million retail stores. Sales of refrigerators, air-conditioners, televisions and washing machines fell about 65%, as per estimates by the Consumer Electronics and Appliances Manufacturers Association (CEAMA). Passenger vehicle sales declined more than 10% in April over March on account of disruptions in the retail sales channel with a ....

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FMCG players see spike in demand of hand sanitisers, disinfectants as COVID-19 cases surge


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. ....

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