The modern trade landscape in India comprises both local and national brands
Nielsen’s data points to several clues about the FMCG slowdown that investors should take note of
The June quarter should see a slowdown in volume growth while price-led growth does some moderate lifting. That could mean that margins may either hold up or even improve.
Rural growth is slowing down double the rate of urban in recent quarters
India's FMCG sector may trade at expensive valuations but its growth makes it difficult to ignore
Advance setting of systems across both buying and selling, helped modern trade gain a sizeable growth advantage over general trade during the implementation of GST.
Consumers are also looking for e-commerce options for an increasing range of categories, as their more immediate needs for convenience and ease expands, Macaden said.
This has led to online purchase of a broader range of categories, with a particularly interesting upswing seen in fresh and packaged groceries, Nielsen said in a report.
The rationale behind the double-digit growth forecast is strengthening GDP, boost to rural income and a controlled inflation rate
The deal is the largest-ever outsourcing contract signed by an IT firm, reports Mint.
Besides, cautionary spending by consumers towards the end of 2016 still had some impact on the quarter under consideration, it said.
Storyboard Editor, Anant Rangaswami speaks to David Powell, Director-Online Partner Development, YouTube about how can anyone become a star and earn a living out of YouTube.
Indians continue to be most confident globally when it came to job prospects, personal finances and immediate spending intentions in the fourth quarter of 2016, according to Nielsen.
The Consumer Confidence Index score for India in Q4 2016 has climbed three points to 136 from 133 in the previous quarter. India continues to lead the global index, and is followed by Philippines 132.
"Today however, shoppers are not limiting their enthusiasm to festivals alone but are also making bulk purchases at events created by retailers around national holidays like Republic Day, Labour Day and Independence Dayâ€”we are calling them â€˜Big Events'," a report by market research firm Nielsen says.
â€œGiven that this decline is an outcome of how consumers have reacted, we wanted to tell their side of the demonetisation story, and understand how their sentiments might impact future trends,â€ Prasun Basu, President, South Asia, Nielsen said.
Post demonetisation retailers across the country have been hit with drop in demand and more than 60 percent retailers feel their sales have declined significantly, says Prasun Basu, President - South Asia at Nielsen.
About 67 percent stores reported that they were facing difficulty in purchasing stock for their stores and 70 percent stores reported that due to cash crunch on both purchase as well as sales side, their business has come down in the last few days, reports Nielsen.
"The Consumer Confidence Index score for India in Q3, 2016 has climbed five points to 133 from 128 in the previous quarter to reclaim the top spot on the global index. This is a bounce back to the same levels of optimism seen in Q1, 2016.
Storyboard Editor Anant Rangaswami spoke to Steve Hasker, Global President and COO, Nielsen about the challenges faced by a marketer when it comes to audience measurement and also asked about his agencies plans for India.
Earnings of fast moving consumer goods (FMCG)companies in the June quarter quarter is a clear reflection of this sentiment as most the players in this space have disappointed street estimates.
The Consumer Confidence Index score for India decreased by six points to 128 in the April-June quarter of 2016, from a high of 134 in the first quarter, the company said in a statement.
While Amazon had the highest top of the mind recall (25 percent), Flipkart stood second (21 percent) and Snapdeal (20 percent), it added.
The Consumer Confidence Index score for India increased three index points in the first quarter to a score of 134, the highest for the country since 2007 and comes after three consecutive quarters at 131, Nielsen said in a statement.