Category: News & Views

Indian small towns are witnessing a prominent shift in buying behaviour from need-based to want-based purchase. Products such as face wash, hair-conditioner, air freshener, prickly heat powder, after-shave lotion, pre/post wash fabric products, jams, jellies, cheese, fragrances and liquid toilet soap now form a larger part of consumer basket.

Colgate has seen major consumer shift from tooth-powder to toothpaste (70:30 15 years ago to 30:70 currently) with small town / rural consumers now buying sensitive and mouthwash. (more…)

Marico consumer products company and owner of Kaya Skin and Hair clinic retail chain saw healthy growth in many segments of its business.

Marico reported strong volume traction in coconut oil, value added hair oil and Saffola (edible oil). Parachute coconut oil in rigid packs reported a strong 18% YoY growth in volumes. The company improved its market share by 340bps in the coconut oil market to 56.5% during the quarter. Parachute Advanced Body Lotion has now been launched nationally and (more…)

Titan Industries first quarter performance was below our expectation due to a sharp fall in wedding dates (the lowest in last eight years) and consumer sentiments as Gold continues to stay at an all time high. Customer growth decline of 2.4% YoY is a negative for the business. Average gram / bill has been declining by ~10% since last few quarters.

The company witnessed 21% YoY decline in jewellery volume on high base of 32% and (more…)

Jubilant Foodworks has acquired franchisee rights of Dunkin’ Donuts for India last year.

They will offer “all day part food” (positioned as food cafes) apart from regular offerings of Donuts and Coffee at Dunkin Stores to tap this largely unpenetrated category. (more…)

The following Chart shows the Comparison of various (more…)

According to Jones Lang LaSalle, the northern regions of India rate high on propensity to consume followed by the western, eastern and southern regions. Cities in Punjab and Rajasthan have higher rents in prime (more…)

We have already seen that Indian Organized Food Industry occupies a 15% market-share within the overall food services industry. The quick service restaurants (QSR) / Fast Food format has been one of the fastest growing ir-respective of the economy and global environment with a CAGR of 20%-22% over FY06-FY11 (around 25% more recently). The key factors driving growth of the QSR segment are as highlighted,

What (more…)