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FMCG Industry India News & Recent Update | IBEF

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Tatas plan expansion, eye all-round play in India's FMCG sector New Delhi: Tata Group is planning to foray and expand in various segments of the fast moving consumer goods (FMCG) sector including home and personal care as part of a diversification strategy....

Business Standard May 20, 2019

India is Nestle's fastest-growing key market, says Suresh Narayanan New Delhi: India became the fastest growing key market for the Swiss food and beverages major Nestlé in 2018, with its revenues from the country reaching Rs 11,292.30 crore (US$ 1.61 billion) during the year....

Business Standard May 20, 2019

VCs, PE firms bet big on packaged consumer goods, park US$ 676 mn in 2018 New Delhi: Private equity (PE) and venture capital (VC) investments in India's consumer packaged goods (CPG) companies nearly doubled year-on-year to US$ 676 million in 2018, driven by rising interest of PE and VC firms in such companies....

Business Standard May 16, 2019

Amul to grow at 20% in 2019-20, says RS Sodhi New Delhi: The Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), owner of the Amul brand, is expected to register 20 per cent growth in volume in 2019-20, according to Mr R S Sodhi, Managing Director, GCMMF....

Livemint May 08, 2019

BigBasket gets US$ 150 million in funding, becomes the latest unicorn New Delhi: Indian grocery start-up BigBasket has received funding of US$ 150 million at a valuation of over US$ 1 billion, making it the newest unicorn in India....

Business Standard May 07, 2019
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