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Fast-moving consumer goods (FMCG) sector is the 4th largest sector in the Indian economy with Household and Personal Care accounting for 50 per cent of FMCG sales in India. Growing awareness, easier access and changing lifestyles have been the key growth drivers for the sector.
Fast-moving consumer goods (FMCG) sector is the 4th largest sector in the Indian economy with Household and Personal Care accounting for 50 per cent of FMCG sales in India. Growing awareness, easier access and changing lifestyles have been the key growth drivers for the sector. The urban segment (accounts for a revenue share of around 60 per cent) is the largest contributor to the overall revenue generated by the FMCG sector in India and recorded a market size of around US$ 29.4 billion in 2016-17. However, in the last few years, the FMCG market has grown at a faster pace in rural India compared with urban India. Semi-urban and rural segments are growing at a rapid pace and FMCG products account for 50 per cent of total rural spending.
Market Size: The Retail market in India is estimated to reach US$ 1.1 trillion by 2020 from US$ 672 billion in 2016, with modern trade expected to grow at 20 per cent - 25 per cent per annum, which is likely to boost revenues of FMCG companies. In 2016-17, revenue for FMCG sector have reached US$ 49 billion and is expected to grow at 9-9.5 per cent in FY18 supported by expectations of the total consumption expenditure reaching nearly US$ 3,600 billion by 2020 from US$ 1,469 billion in 2015.
Team Leader
Pankaj Singh
DirectorTeam Leader
Leena Jaisani
Deputy Secretary GeneralTimeline
2023
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Press Release
India wants reciprocal trade with the world: Piyush Goyal
Event
FMCG & Supply Chain Expo 2020: Re-imagining the Future Building Opportunities
Event
India Virtual FMCG Supply Chain Expo 2020
Dec
Press Release
State Governments needs to adhere to the Direct Selling Guidelines released by Ministry of Consumer Affairs, Food and Public Distribution
Nov
Oct
May
Event
FICCI KPMG Report Launch: Direct Selling; Gujarat – Global Industry Empowering Millions in India
Dec
Nov
Study
Direct Selling: Andhra Pradesh and Telengana. Global industry, empowering millions in India
Oct
Event
FICCI KPMG Report launch : Direct Selling; Andhra Pradesh & Telangana - Global Industry Empowering Millions in India
May
Dec
May
Jan
Event
Round Table Discussion on Direct Selling in India - Investment Opportunities, Challenges and International Perspectives
Oct
Sep
Press Release
The INR 6000 cr Direct Selling Industry to Bolster Employment Opportunities-FICCI Knowledge Forum
Event
Round-table on Direct Sales Industry
Apr
Press Release
FICCI-IDSA to host 'Mark 'e' Dir: Bringing Market to Consumer' on April 17
Sep
Aug
