FMCG Firms Announced to Lower Prices As Per GST 2.0Â
Fast-moving consumer Goods (FMCG) companies announced a price change following a GST council tax rate rejig earlier this month. These changes will come into effect on September 22, including milkshakes, butter, ghee, jams, cheese, frozen products, ice-creams, pickles, coconut water, and tomato puree, reduced to 5% tax from 12%. UHT milk and paneer have been…
ABHYUDAYA MITTAL
Hindustan Unilever Appoints Vivek Mittal as Executive Director, Legal and Corporate AffairsÂ
Hindustan Unilever Limited (HUL), a leading FMCG powerhouse, has announced the appointment of Vivek Mittal as Executive Director – Legal and Corporate Affairs. Mittal will officially join the company’s management committee on March 25, succeeding Dev Bajpai, who had announced his early retirement in October. Currently serving as Global General Counsel at Dr. Reddy’s Laboratories,…
Vipin
Manish Tiwary to Join Nestle India as Managing DirectorÂ
Nestle, a Swiss multinational food and drink company, has named Minish Tiwary its new leader to oversee India operations. Manish has a long leadership experience, having enlightened two giants with his expertise, Amazon India and Hindustan Unilever. The Swiss Parent of Swiss recommended that Manish replace Suresh Narayana when he retires as Managing Director. Narayan…
Suryansh
Reliance Retail Will Launch FMCG Business This Year, Nisha Ambani
After entering the 5G spectrum, footwear, clothing, etc., Reliance Retail has now found its place in the fast-moving consumer goods (FMCG) industry; the conglomerate is now reportedly in talks to acquire a batch of brands. According to the reports, Reliance Retails on Monday announced the acquisition of brands like Garden Namkeens from CavinKare, Lohri Zeera,…
Aman Goyal
Which Is The Leading Company In FMCG Industry India?
Fast-moving consumer goods or FMCG Industry India sells nondurable products at relatively low prices. The FMCG industry is the fourth largest area to contribute to India’s economy. FMCG companies sell products like packaged foods, toiletries, personal care products and consumables. The most popular FMCG products are vegetable groceries and dairy products that are sold relatively…
abhinav singh
India Is Facing Most Challenging Economic Situation
According to Hindustan Unilever (HUL) chairman Nitin Paranjpe, India is facing the most difficult economic situation that results in inflationary demand. This has prompted fast-moving consumer goods (FMCG) buyers to temporarily cut back on purchases through a period of price stickiness, which was declared ‘rare’ by the company. “India is going through probably the most…
