New Delhi, Feb. 7 -- In a significant turnaround, India's fast-moving consumer goods (FMCG) sector posted a robust double-digit growth of 10.6 per cent in the December quarter, marking its highest performance in a year.
This surge comes after a 6.5 per cent growth in the same period last year and a steady improvement from 5.6 per cent in the September quarter and 3.5 per cent in the June quarter.
According to NielsenIQ India's latest FMCG quarter snapshot, this growth was primarily fueled by a sequential recovery in rural markets, strong festival demand, and higher prices of staple goods such as edible oil, palm oil, and packaged atta.
Volume growth was equally impressive, rising by 7.1 per cent despite a 3.3 per cent increase in price...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.