The Board of Directors of Hindustan Unilever Limited (HUL) at its meeting approved the investment for acquiring 14.3% stake in Lucro Plastecycle Private Limited (Lucro), a leading player in recycled flexible plastics. It is a well-integrated waste management, recycling and…
FMCG Industry
The consumption of snacks holds significant importance in the global diet landscape. With factors like population growth, rising income levels and evolving consumer preferences, the snack industry is witnessing unprecedented demand and expansion. According to a recent report by IMARC…
Rockwell Automation, Inc. has successfully organized the Smart Manufacturing Summit 2024 in New Delhi. The Summit served as a dynamic forum for thought leaders, innovators and industry executives to exchange ideas, strategies and gain invaluable insights into the latest trends…
The Fast-Moving Consumer Goods (FMCG) industry, renowned for its swift production cycles and rapid market turnovers is undergoing a notable transformation with a collective commitment towards promoting sustainable practices. Traditionally characterized by its focus on convenience, affordability, and mass consumption,…
The role of technology has been instrumental in providing a competitive advantage for FMCG companies over a significant period of time. Numerous companies are already reaping the rewards of digital transformation initiatives, ranging from early-stage implementations to comprehensive overhauls. Considering…
The Fast-Moving Consumer Goods (FMCG) Industry is undergoing a transformative phase in 2024, shaped by the aftermath of global events and changing consumer dynamics. The surge in online consumer goods demand, accelerated by the pandemic is prompting FMCG companies to…
The fast-moving consumer goods (FMCG) industry has always been dynamic and highly competitive, driven by ever-changing consumer demands and evolving market trends. In this context, the integration of Artificial Intelligence (AI) has emerged as a powerful force, revolutionizing the way…
World leader in the chemical industry, SABIC has recently announced the successful roll-out of the first circular packaging project in Saudi Arabia as part of its TRUCIRCLE program to accelerate the implementation of a circular plastic economy. Read: April Issue of…
In the culinary world, the adage “old is gold” has taken on a renewed significance. Amid the chaos of modern life, a quiet revolution is taking place on our plates. Ancient grains are making an impressive comeback – and leading…
Patanjali Foods, an edible oil firm, has chalked out an ambitious growth plan to achieve an operational profit of Rs 5,000 crore and a turnover exceeding Rs 50,000 crore within the next five years. Their plan is built upon the…
Palm oil exports have been recently banned from Indonesia. Indian FMCG players, particularly food and snacks manufacturers, have said they are concerned about Indonesia’s move to ban exports of crude palm oil, though some of them expect the decision is…
Dabur India Ltd., the world’s largest Natural and Ayurvedic Healthcare Company, has announced plans to induct a fleet of 100 Electric Vehicles in its Supply Chain for last-mile product distribution. Shifting gears it’s towards a greener tomorrow, Dabur is the…
There has always been stiff competition in the FMCG space in India. In the present age, CPG or consumer-packaged goods companies are facing increasing competition from retailers who have started their own private-label offerings. Also, both CPG companies and retailers…
The eruption of COVID-19 has left millions and millions of businesses scurrying for survival. Although, somewhat less affected sans some categories, the FMCG companies too did face headwinds for some time. And to counter these headwinds, technology has been the…