FMCG sector wants reduction in import duty

The strong volume growth in the FMCG sector continued throughout 2006. Rising income, demographics and rising aspirational levels led to rise in sales both in urban and rural area. Value added and higher margin products too witnessed an increase in demand.

The year was also witness to heightened consolidation activity in the sector, as companies acquired to spread their reach across the globe. However, on the margins front, they faced pressure due to higher input costs and inflationary pressure.

Get Rediff News in your Inbox:email   Print this article It's free! To get such articles in your inbox Mohali: Under-construction building collapses, 2 dead Allu Arjun's residence vandalised, tomatoes thrown US Navy shoots down its own jets over Red Sea Rahul Gandhi to visit violence-hit Parbhani on Monday Omar's party responds to reports of aligning with BJP ISRO to test space farming in next mission Obviously some ministers are unhappy: Ajit Pawar Moneywiz Live! Rediffmail for WorkBook a domainRediffmailMoneyOnline ShoppingVideos © 2024 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Feedback - About us - Terms of use - Grievances << More from rediff Modi meets Mahabharata, Ramayana's Arabic translator 'Zakir Bhai Loved Cricket' The Global Ambassador Of Indian Music Revealed! Why Shinde Agreed To Be Deputy CM Nitish Won't Let BJP Do A Shinde On Him 'All Is Not Well With Election Commission' 'Conduct Of Elections Has Become Suspicious' Tsunami Survivors Celebrate 20th Birthday 'Pakistan Is Very Active In Bangladesh' A Day That Ustad Zakir Hussain Gifted Me >>            ▲