The Indian FMCG industry experienced a 6.5 per cent growth in volume terms at a national level in the January-March period of 2024, with rural consumption surpassing urban for the first time in five quarters, according to consumer intelligence firm NielsenIQ.
Both food and non-food sectors contributed to the growth in consumption in the first quarter of 2024, but nonfood saw almost double the growth as compared to food, NielsenIQ (NIQ) said in its quarterly snapshot for Q1 2024.
The FMCG industry has experienced a 6.6 per cent growth in value, attributed to a 6.5 per cent increase in volume at an all-India level. The volume growth for this quarter was higher than Q1 2023, which stood at 3.1 per cent, it added.
NIQ Head of Customer Success India, Roosevelt Dsouza said, "The FMCG industry's growth continues to be driven by consumption trends in Q12024 with rural areas surpassing urban growth for the first time in five quarters."
Bu hikaye Millennium Post Delhi dergisinin New Delhi 08May2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Millennium Post Delhi dergisinin New Delhi 08May2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
Gang illegally selling oxytocin nabbed by Delhi Police
The Delhi Police have busted a gang and arrested four individuals for the illegal sale of oxytocin, which is often misused in the dairy industry.
Murder in Delhi’s Seelampur: 4 apprehended, including minors
The Delhi Police has apprehended four individuals, including two minors, for the murder of a 20-yearold laborer over an argument on lingering in the area.
Delhi HC implements SC’s Rs 30L compensation clirective
The Delhi High Court has ordered city authorities to pay Rs 30 lakh in compensation to each of the families of three sanitation workers who died during manual scavenging in 2017.
IMD i issues red warning as temp soars above 47 C
Outdoor workers, lowincome households bear brunt of heat
Rahul’s Maoist’ language making companies think 50 times before investing in Cong-ruled states: PM
JPrime Minister Narendra Modi on Sunday attacked the Congress and its leader Rahul Gandhi, asserting that any industrialist will think 50 times before investing in Congress-ruled states, owing to the \"shehzada's use of Maoist language\" Addressing a poll rally here, PM Modi also accused the grand old party of patronising dynastic politics and considering Lok Sabha seats as \"ancestral properties\".
Kejriwal accuses BJP of launching Ops Jhaadw’ to arrest AAP leaders
A day after the arrest of his aide Bibhav Kumar in the alleged assault case on Swati Maliwal, MP, Delhi Chief Minister and Aam Aadmi Party (AAP) chief Arvind Kejriwal on Sunday accused the BJP and Prime Minister Narendra Modi of launching \"Operation Jhaadu\" to arrest and jail top AAP leaders.
Fifth phase: Voting to be held today in 49 LS constituencies
The fifth phase of the Lok Sabha elections, which will determine the political future of several notable figures such as ex-Congress president Rahul Gandhi, Union ministers Rajnath Singh and Smriti Irani, and former J&K chief minister Omar Abdullah, is set to take place on Monday across 49 constituencies in six states and two Union Territories.
Can't crush us: Will go to BJP HQ with all AAP leaders, says Kejriwal
In his first reaction to the arrest of his personal assistant Bibhav Kumar, Delhi Chief Minister Arvind Kejriwal on Saturday hit out at the ruling Bharatiya Janata Party (BJP), accusing it of targeting people of Aam Aadmi Party (AAP) one by one to arrest them.
Elorda Cup: Nikhat, Minakshi strike gold as India finish with 12 medals
Besides Nikhat Zareen and Minakshi’s gold medals, Indian boxers won two silver and eight bronze
PM inciting people, dividing society, alleges Kharge
Uddhav says ‘acche din’ coming after June 4, when INDIA bloc-led govt takes charge