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Hindustan Unilever Ltd (HUL), once the heartbeat of India’s FMCG growth story, is losing steam in the very categories that once powered its dominance — food, beverages and nutrition. Even as the Sensex nearly doubled over the last five years, HUL has delivered barely 10% returns, weighed down by sluggish performance in its Foods & Refreshment division and the fading pull ...
Guwahati: Purabi Dairy, the largest dairy cooperative in Northeast India, has forayed into the traditional Indian sweets segment with the launch of its new brand, Purabi Mithai. The sweets are manufactured by the West Assam Milk Producers’ Cooperative Union Ltd (WAMUL) and marketed by Northeast Dairy and Foods Limited (NEDFL), a joint venture between the Government of Assam a...
The government is preparing a fresh round of the Production Linked Incentive (PLI) Scheme for the Food Processing Industry (PLIS-FPI), with Food Processing Secretary A. P. Das Joshi confirming the development at FICCI’s 98th Annual General Meeting. This upcoming phase is expected to go beyond boosting manufacturing capacity; it aims to deepen value addition, improve shelf lif...
India’s FMCG sector recorded a mild slowdown in Q2 FY26 as companies adjusted to revised GST rates, but analysts expect a sharp revival in the food and staples-driven segments in the second half of the year, according to a new update by Anand Rathi Research.
Nielsen data cited in the report shows overall FMCG value growth easing to 12.9% in Q2 FY26 from 13.9% in Q1, wh...
Thirteen years after Starbucks drew hour-long queues outside its first Mumbai store, the coffee giant is losing steam in India’s fast-evolving foodservice market. Starbucks India posted only a 5% rise in revenue to ₹1,277 crore in FY25, even as losses surged 65% to ₹135.7 crore, signaling pressure on a business model that no longer fits an aggressively value-conscious café la...
