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Monthly Archives

October 2020

Growth of e-commerce in grocery channels irreversible; will co-exist with general trade: HUL CMD Sanjiv Mehta

Growth of e-commerce in the grocery segment is “irreversible” but kirana stores and modern trade channels would also remain relevant, Hindustan Unilever CMD Sanjiv Mehta said on Wednesday. According to a PTI report: Mehta also said rural sales are growing faster than the urban markets and would sustain depending on…

As virus changes consumer habits, FMCG firms see e-commerce business booming

Pandemic led more households to buy groceries online, boosting e-commerce sales India’s FMCG trade is still dominated by millions of traditional mom-and-pop stores, despite the latest surge in online retailFast-moving consumer goods (FMCG) companies are seeing a surge in contribution of e-commerce to their overall sales as the pandemic has…

Spending has rebounded with shoppers switching to online: Flipkart Group CEO

Flipkart is exploring partnerships with modern retail brands if they have complementary capabilities, said Krishnamurthy Consumer spending has rebounded over the last few months and during the ongoing festive season, although the recovery has been slow and steady, said Kalyan Krishnamurthy, CEO, Flipkart Group. In an interview with ET’s Alnoor…

After a sweet start with Apis Honey, Apis India Limited is in expansion mode of its FMCG portfolio – Times of India

Apis India Restricted is a fast-growing FMCG firm in India with its third technology of entrepreneurs working on the helm. The corporate traces its roots again to 1924 in Delhi when it was arrange as a buying and selling agency for spices and honey. The corporate step by step migrated…

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