India, Jan. 24 -- India's FMCG sector has been growing at a steady pace, powered largely by everyday consumer demand and periodic price hikes, especially in essential categories. The sector is also a major job creator, employing close to three million people and accounting for roughly 5 percent of total factory employment across the country.

As the fourth-largest sector in India, FMCG plays a crucial role in the economy. Household and personal care products alone make up nearly half of total FMCG sales. In 2024, the industry generated revenues of about Rs. 20.7 lakh crore ($245 billion) and is projected to grow at a strong pace over the coming years, with market size estimates pointing towards nearly $616 billion by 2027.

That said, mar...