The Indian fast-moving consumer goods (FMCG) sector is expected to grow 13 percent during 2010/11 on the back of strong economic growth
The FMCG sector in India is expected to grow at a compounded annual growth rate (CAGR) of 9% to a size of Rs 1,43,000 crore by 2010 from Rs 93,000 crore at present.
F.M.C.G. Sector is currently going through a drastic change in its approach and the market it is catering, the demand of the customers is changing and so the need arise for a change in the product or the way it is marketed.FMCG companies have acquired about 15 companies and haves spread their presence in more than a dozen countries.
|