Expecting a CAGR of 20.6 percent and setting a target of reaching US$ 103.7 billion by 2020, the Indian fast moving consumer goods market is all set to concorde its way to glory.
Acquiring any kind of loss can be devastating for any company, business or sector. Such losses are exposes through many reasons and threats are one of them. Let's find out what can threaten the FMCG sector.
Patanjali has already endeavored in Azerbaijan, the country which has been dominated by Muslim population, since the big players there has shown great interest in company's products.
Till now, Patanjali, has generated a revenue of Rs 5,000 crore for the year 2015-2016 and is all set to take on the business giants with an added investment of Rs 1000 Crore.
Patanjali is making more than just a wave. Its success is based on the fundamental principles of providing healthy alternatives of staples and personal care products.
As Baba Ramdev-led firm, Patanjali has more than doubled its sales in the past ten months, Patanjali Ayurved has been able to bridge its gap with consumer product companies including Dabur, Marico and Godrej Consumer.
The Government will continue to pursue its Rs 640-crore class action suit filed in NCDRC against Nestle, even after company's instant noodles Maggi have made a comeback.