Companies operating in India's Consumer Goods sector reported substantial growth in the quarter that ended December 31st, fueled by the stabilization of GST reforms and a strong Diwali holiday shopping season. Major Indian players such as Dabur, Marico, and Godrej Consumer Products (GCPL) report that the previous disruptions caused by...
In India’s CPG sector, Rural Demand Growth Outperforms Urban Demand
The Indian consumer packaged goods industry experienced significant growth in the recent quarter with rural growth outpacing urban markets. Rural markets, showed a remarkable recovery with a 7.6% growth in demand. This outperformed urban markets. Home and personal care (HPC) categories outpaced food categories in the quarter. While food...
Consumer Product Companies in India Report Strong Growth
During an investor conference call at Proctor & Gamble, Global Chief Executive Officer David Taylor said that the company posted robust growth numbers for the year ended June 30, 2018, of which two markets — India and Turkey — reported double-digit growth. Taylor added that sales were growing for all categories...
Ashland opens specialties technical center in Mumbai
Global specialty chemical company Ashland has set up a technical research and development center Mumbai to support producers of personal and home care products in India and southeast Asia. The facility will focus on bringing new personal and home care innovations to market and providing technical support that may be...