Q&A

What else can I do with banking experience?

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What else can I do with banking experience?

There are several specialties within the banking industry, and knowing which one you want to focus on can narrow down the career options you want to pursue. A few of the most popular specialties to consider are accounting, education, corporate banking, insurance, sales, financial advising and general banking.

How can I join FMCG sector?

Tips to Enter a Nascent (FMCG / FnB) Market

  1. Identify the Un-catered Needs: The food and beverage industry in India is wide and competitive.
  2. Branding and Packaging: Packaging and branding are essential for marketing a product.

How can I grow my career in banking?

How To Become A Banker

  1. IBPS Common Written Exam for Probationary Officer (IBPS PO)
  2. State Bank of India Probationary Officer (SBI PO)
  3. IBPS Common Written Exam for Clerical Recruitment for PSUs.
  4. State Bank of India Clerical.
  5. Common Written Exam for Regional Rural Banks.
  6. Common Written Exam for Specialist Officer.
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How can I start FMCG?

How To Start an FMCG Distribution Business

  1. Decide your Product. FMCG is composed of various products.
  2. Business Plan. Business plan is the foundation of any successful business.
  3. Licensing & Registration. It is of utmost importance to get your business registered first.
  4. Location.

How can I start an FMCG company?

Here we put some of the basic considerations.

  1. First of all, determine the form of your business.
  2. Apply for the Trade License from the Municipal Authority.
  3. Additionally, apply for MSME Udyog Aadhaar online registration.
  4. Apply for the ‘Consent to Establish’ from the Pollution Control Board.
  5. Obtain the GST registration.

Why do FMCG companies need to rethink their strategies?

The population in urban areas is diverging towards premium products as opposed to essential goods because of the rise in income of the middle-class people. This has also lead to FMCG companies to rethink strategies as people are willing to pay high prices for premium products.

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Who are the top FMCG companies in India?

In the Indian FMCG landscape, the biggest FMCG players are HUL, Nestle, ITC, Britannia Industries, Marico, Godrej Consumer, Tata Consumer. Some terms used in FMCG and what they mean (Click on Hyperlink) How does the FMCG Sector work?

Why do FMCG brands need a direct-to-consumer channel?

Many FMCG brands I work with are looking to create or expand a direct-to-consumer (DTC) channel to gain access to their consumers so that they can own the delivery of consumer experience.

What is the future of rural FMCG market in India?

The rural FMCG market is expected to grow to US$ 220 billion by 2025. Accounting for a revenue share of around 55 percent, the urban segment is the largest contributor to the overall revenue generated by the FMCG sector in India.