Global FMCG majors bet big on India as sales outshine China, Europe
Summary
Strong demand for packaged foods and personal care items helped top brands turn in a standout September-quarter performance despite 22-month-high retail inflation and the RBI’s first rate hike since 2023, prompting many to step up their capital commitments in India.
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Global FMCG majors bet big on India as sales outshine China, Europe
Strong demand for packaged foods and personal care items helped top brands turn in a standout September-quarter performance despite 22-month-high retail inflation and the RBI’s first rate hike since 2023, prompting many to step up their capital commitments in India.
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