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Marico calls it: FMCG sector to rebound this financial year
Mint Chennai
|May 16, 2025
Marico Ltd, the maker of Parachute hair oil and Saffola cooking oil, is optimistic India's fast-moving consumer goods sector will rebound this financial year as food prices finally show signs of easing and rural demand remains robust.
Volume growth in India's FMCG sector is expected to be slightly higher in 2025-26 as overall demand is reasonably steady, although a dramatic recovery might not be immediate, said Saugata Gupta, managing director and chief executive officer, Marico.
"The consumption is a tad better than what gets reported as a summation of the listed companies in some way," Gupta said in an interview with Mint.
"Inflation is slowing down and urban consumption will improve. So overall volume growth for the sector is definitely going to be slightly higher than what it was last year. You might not get a dramatic recovery, but it will definitely be better than last year," she said.
This story is from the May 16, 2025 edition of Mint Chennai.
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