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What are the advantages of FMCG industry?

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What are the advantages of FMCG industry?

Diversification. Selling CPGs/FMCGs spreads a retailer’s revenue sources over a broader spectrum of goods. The profits can help offset slow sales for other products during seasonal dips in demand or periods of reduced consumer confidence.

What are top FMCG companies in India?

5 Top FMCG companies in India in 2021- Best FMCG Shares!

  • Hindustan Unilever Limited (HUL)
  • ITC Limited.
  • Nestlé India.
  • Britannia Industries.
  • Marico.

Why should one join FMCG?

FMCG offers an opportunity to express your creativity through developing new ideas for products, packaging, branding, and advertising. Innovation is the heart of every FMCG. In order to compete, FMCG industry constantly comes up with new ideas for packaging, marketing, advertising, and communicating their brands.

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Why is FMCG the most stable industry?

FMCG is the most stable industry, Especially because it consists of products that are non-durable and quickly consumed. Thus, you cannot put off eating, showering or cleaning your bathroom for too long, unlike buying a car, for example. This makes FMCG personally relevant as everyone is personally affected.

What are the perks of working in FMCG?

An extra perk of working in the FMCG industry is that it offers an opportunity to express your creativity in many ways. Usually a lot of thought is put in packaging, branding, advertising, product design and more. I mean… look at the makeup sector!

How can I make a career in FMCG sector?

Someone who wants to make a career in FMCG sector, who aims to climb up the ladder, my advice would be, be open to any amount of work that comes to you. In fact, try to do work of one level above you. That way you will not only get to learn but also demonstrate your capability.

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What is the total revenue of FMCG industry in India?

Revenue of FMCG sector reached Rs. 3.4 lakh crore (US$ 52.75 billion) in FY18 and is estimated to reach US$ 103.7 billion in 2020. According to Nielsen, the Indian FMCG industry grew 9.4\% in the January-March quarter of 2021, supported by consumption-led growth and value expansion from higher product prices, particularly for staples.