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BQ Survey | Third Quarter May Be Even Worse For FMCG Companies
FMCG distributors stocked up to 40 percent fewer products over a year earlier in the third quarter.
08 Jan 2020, 08:00 AM IST
After stagnating sales volumes in previous quarters, some consumers goods makers may even see a decline in the quarter-ended December as distributors are buying less amid slowing consumption, 11 suppliers from eight states told BloombergQuint.The distributors—who according to Nielsen India contribute 90 percent to the factory-gate sales of the Rs 4-lakh-crore fast-moving consumer goods industry—stocked upto 40 percent fewer products ...
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