An Overview of the FMCG Industry in India chillibreeze writer â" Shital Vakhariya Looking for more info adopt our more comprehensive report of the same at: India-Reports contemplate more about Discount Retailing   | |  | What are unbendable pitiful Consumer Goods (FMCG)? Products which have a quick turnover, and relatively diminished cost are known as Fast Moving Consumer Goods (FMCG). FMCG products are those that let replaced within a year. Examples of FMCG generally include a wide range of frequently purchased consumer products such as toiletries, soap, cosmetics, tooth cleaning products, shaving products and detergents, as well as another(prenominal) non-durables such as glassware, bulbs, batteries, paper products, and plastic goods. FMCG may likewise include pharmaceuticals, consumer electronics, packaged food products, soft drinks, tissue paper, and coffee bars. A subset of FMCGs are Fast Moving Consumer Electronics which include in advance(p) electronic products such as mobile phones, MP3 players, digital cameras, GPS Systems and Laptops. These are replaced more frequently than other electronic products. White goods in FMCG refer to household electronic items such as Refrigerators, T.Vs, harmony Systems, etc. In 2005, the Rs. 48,000-crore FMCG segment was one of the fast growing industries in India.
According to the AC Nielsen India study, the industry grew 5.3% in value among 2004 and 2005. Indian FMCG Sector | Â | The Indian FMCG sector is the fourth largest in the rescue and has a market size of US$13.1 one thousand thousand. Well-established distribution networks, as well as intense competition between the nonionic and unorganised segments are the characteristics of this sector. FMCG in India has a strong and competitory MNC presence across the entire value chain. It has been predicted that the FMCG market allow for reach to US$ 33.4 billion in 2015 from US $ billion 11.6 in 2003. The middle class and the rural segments of the Indian population are the most promising market for... If you want to get a full essay, order it on our website:
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