Indian consumer goods firms experience increased sales this quarter due to favorable conditions and festive demand.

Consumer goods firms in India are seeing a notable sales increase this quarter, attributed to favorable conditions like a normal monsoon, reduced inflation, and festive demand. Major companies, including Procter & Gamble and Amul, report growth in both value and volume sales, especially in rural areas. The FMCG market is projected to grow by 12% in value compared to a 2.3% decline last year. However, future volume sales may face challenges from potential price hikes.

September 22, 2024
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