Topic
fmcg
Business ITC Now Second Largest FMCG Company by Revenue, Aims for Top Spot
ITC's non-tobacco FMCG business crossed Rs 24,000 crore in revenue, making it the second-largest FMCG company in India by revenue after Hindustan Unilever, surpassing Nestle and Britannia. Chairperson Sanjiv Puri announced the milestone at the annual general meeting, saying the company aspires to become India's number one FMCG player.
Business Ecommerce Chiefs Evolve Into Full-Stack Strategists, FMCG and Retail Leaders Say at ETRetail Summit 2026
At the ETRetail Summit 2026, industry leaders from ITC, Zydus Wellness, Bajaj Consumer, IKEA India, and Campus highlighted that ecommerce roles have evolved from channel management to enterprise-wide strategy ownership, driven by supply chain agility, platform algorithms, and quick commerce growth.
Business FMCG Q1 Demand Stable Amid Price Hikes; Companies Warn El Nino May Hit Rural Consumption
Demand for soaps, shampoos, and packaged food remained stable in the June quarter despite price hikes, according to quarterly updates from major FMCG companies. However, companies flagged the risk of El Nino conditions on monsoon rains, which could dampen rural consumption. Firms like Dabur reported double-digit growth, while Godrej Consumer Products (GCPL) expects margin pressure due to cost pressures.
Business Reliance AGM 2026: Isha Ambani Sets Rs 1 Lakh Crore FMCG Revenue Target Amid Jio IPO Filing
At its 2026 Annual General Meeting, Reliance Industries unveiled ambitious FMCG growth targets and a key milestone for Jio Platforms' IPO. Executive Director Isha Ambani said Reliance Consumer Products aims for Rs 1 lakh crore revenue by FY30, while Chairman Mukesh Ambani announced the approval of Jio Platforms' draft red herring prospectus. The group also reported strong retail performance, including Smart Bazaar crossing 1,000 stores and rapid quick commerce expansion.
Supply Chain HUL, Colgate, Dabur, Marico Hike FMCG Prices 4-11% After Fuel Price Revision
A fresh round of price hikes by major FMCG companies, ranging from 4-11%, will make everyday essentials costlier. HUL, Colgate-Palmolive, Emami, Dabur, and Marico are increasing prices on soaps, detergents, toothpaste, and edible oils following the fuel price revision in mid-May, driven by higher crude prices, freight costs, and commodity inflation linked to the West Asia conflict.