New Delhi, Feb. 6 -- India's packaged consumer goods companies reported their best quarter in a year as smaller packs, lower grammage, and price hikes helped them overcome a consumption slowdown that has weighed heavily on the sector in recent months.
Demand for packaged consumer goods in the December quarter spiked 10.6% year-on-year in value terms, faster than the corresponding year-ago period's 6.5% growth, market researcher NielsenIQ India said in its FMCG quarterly snapshot.
The fast-moving consumer goods (FMCG) sector's recovery is more striking against the July-September period's 5.6% value growth and the June quarter's tepid 3.5% pace.
In volume terms, India's FMCG sector reported a 7.1% year-on-year jump for the December quart...
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