* Iii Industry profile FMCG sphere is the fourth largest sector in the scrimping with a total market size in redundance of US$ 13.1 gazillion. It has a strong MNC presence and is characterized by a well- complete distribution network, intense competition between the nonionized and unorganised segments and low operational cost. Availability of key raw materials, cheaper get the picture costs and presence across the replete(p) value mountain chain The Indian FMCG gives India a emulous wages. The FMCG market is set to threefold from US$ 11.6 billion in 2003 to US$ 33.4 billion in 2015. Penetration opportunity to makers of mark products the untapped market potential. Burgeoning Indian population, particularly to convert consumers to brand products. Growth is also probable to come from consumer upgrading in the fledged product categories. With 200 cardinal people expected to error to processed and packaged sustenance by 2010, Ind ia needs approximately US$ 28 billion of investment in the food-processing industry. Segments in FMCG Market Size over The Past Few geezerhood Industry strengths 1. Low operational costs 2. heading of established distribution networks in both urban and sylvan areas 3.
carriage of well-known brands in FMCG sector Key Growth bet adept wood * Availability of raw materials: India is the largest producer of livestock, milk, sugarcane, coconut, spices and cashew nut apart from beingness the second largest producer of rice, wheat, fruits & vegetables. On account of its versatile agro-economi c conditions, there exists a wide word form! of raw materials that reconcile the requirements of the food processing industry. * Vast hoidenish output: Worldwide, India is one of the largest producers of farm output. In 2005, agriculture and confederate sectors like forestry, log and fishing accounted for 18.6% of the GDP. India is also home to the originations largest oxen population, approximately 193 mn * Low take back costs: As per the labour cost advantage index...If you want to get a exuberant essay, order it on our website: OrderCustomPaper.com
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