Thursday, February 25, 2021

FMCG industry expecting consumer growth

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Prime Time Zone, Webdesk: According to FMCG industry sources, consumption growth is likely to improve with the budget focusing on rural infrastructure development, expansion of agricultural credit and job creation. Industry groups responding to the central budget said budget announcements were showing signs of recovery from the corona crisis.

Ahmed, president of FMCG giant PepsiCo, said there would be continued investment in infrastructure development and that the announcement, which would help startups, would prioritize local innovation. Dabur India Chief Executive Mohit Malhotra said the allocation of rural infrastructure was expected to increase the consumption of FMCG products.

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The Central Bureau of Statistics: 7.5% increase in the value of pensions paid in 2019/2020

The Central Agency for Public Mobilization and Statistics showed an increase in the value of pensions paid to reach...

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FMCG industry expecting consumer growth