Rural Consumer Demand

IIT Madras Rural Technology Action Group (RuTAG) is helping in the establishment of a Common Facility Centre to help the potters in Tamil Nadu village in producing pottery that meets the present demand of consumers such as microwavable cooking utensils.

Under the Pradhan Mantri Garib Kalyan Yojana, the government todayapproved the allocation of additional food grains for another five months - between July to November 2021

The Haryana government on Wednesday decided to levy a two per cent "panchayat tax" on power bills for consumers who fall within the limits of the rural bodies in the state, triggering an opposition demand for its rollback.

Prasad Koparkar, Senior Director, CRISIL Research says, "Pain in automobiles continues owing to demand slowdown. Aggregate revenue of listed automobile players is estimated to have dropped 9-10% in the third quarter. During the quarter, revenue growth of fast moving consumer goods companies, too, is expected to have moderated 4-6%, owing to weakeni...

Consumer demand in villages fell 8.8 per cent between July 2017 and June 2018 - the sharpest 12-month drop since 1972-73, the report said.

Volume growth in India's fast-moving consumer goods (FMCG) sector slowed to 6.2 per cent in the three months to June from 9.9 per cent in the previous quarter.

Godrej Consumer Products Ltd believes it has been able to perform better than the industry.

India's economy continues to be sluggish, nearly two years after Prime Minister Narendra Modi-led government assumed power at the Centre. Consumer demand has not picked up, while industries are struggling with overcapacity.

HUL's sales, seen as a barometer of Indian consumer sentiment, have been hit in recent months due to weak demand from rural India, which is facing the second straight year of drought. About 35 per cent of HUL's revenue comes from India's villages.

Having learnt their Maggi lessons hard way in 2015, the FMCG sector is desperately looking for a brighter new year with hopes pinned on revival in rural demand and push from e-commerce even as an enhanced regulatory glare would keep them on toes with regard to safety of products.

State-run fuel retailer Bharat Petroleum Corporation (BPCL) expects cooking gas demand to grow by six to nine per cent this fiscal year on the back of lower prices and increasing focus on rural reach.

A normal monsoon, key to rural demand, and pre-election spending on consumer goods to woo voters in Asia's third-largest economy, failed to lift consumer spending as surging commodity prices and meagre salary increases weighed on incomes.

IIT Madras Rural Technology Action Group (RuTAG) is helping in the establishment of a Common Facility Centre to help the potters in Tamil Nadu village in producing pottery that meets the present demand of consumers such as microwavable cooking utensils.

Under the Pradhan Mantri Garib Kalyan Yojana, the government todayapproved the allocation of additional food grains for another five months - between July to November 2021

The Haryana government on Wednesday decided to levy a two per cent "panchayat tax" on power bills for consumers who fall within the limits of the rural bodies in the state, triggering an opposition demand for its rollback.

Prasad Koparkar, Senior Director, CRISIL Research says, "Pain in automobiles continues owing to demand slowdown. Aggregate revenue of listed automobile players is estimated to have dropped 9-10% in the third quarter. During the quarter, revenue growth of fast moving consumer goods companies, too, is expected to have moderated 4-6%, owing to weakeni...

Consumer demand in villages fell 8.8 per cent between July 2017 and June 2018 - the sharpest 12-month drop since 1972-73, the report said.

Volume growth in India's fast-moving consumer goods (FMCG) sector slowed to 6.2 per cent in the three months to June from 9.9 per cent in the previous quarter.

Godrej Consumer Products Ltd believes it has been able to perform better than the industry.

India's economy continues to be sluggish, nearly two years after Prime Minister Narendra Modi-led government assumed power at the Centre. Consumer demand has not picked up, while industries are struggling with overcapacity.

HUL's sales, seen as a barometer of Indian consumer sentiment, have been hit in recent months due to weak demand from rural India, which is facing the second straight year of drought. About 35 per cent of HUL's revenue comes from India's villages.

Having learnt their Maggi lessons hard way in 2015, the FMCG sector is desperately looking for a brighter new year with hopes pinned on revival in rural demand and push from e-commerce even as an enhanced regulatory glare would keep them on toes with regard to safety of products.

State-run fuel retailer Bharat Petroleum Corporation (BPCL) expects cooking gas demand to grow by six to nine per cent this fiscal year on the back of lower prices and increasing focus on rural reach.

A normal monsoon, key to rural demand, and pre-election spending on consumer goods to woo voters in Asia's third-largest economy, failed to lift consumer spending as surging commodity prices and meagre salary increases weighed on incomes.