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Growth Drivers Of Fmcg Sector In India
Indian Fmcg Sector Analysis 2018
The latest Assocham-TechSci research report foresees a shining future for the Indian fast-moving consumer goods market (FMCG) market. It predicts more economic growth with organized retail having a larger market share. Key Stats.The Assocham-SciTech report forecasts that the domestic FMCG market will touch US$ 104 billion, a two-fold increase from the current US$49 billion and a CAGR growth of 20%.The Indian FMCG sector provides employment to at least three million people.Food products is the largest segment of the FMCG sector, leading by about 43%.Organized retail currently accounts for a mere 2% of the FMCG sector.The consumer durables sector is expected to grow at a compounded annual growth rate of13% through 2020. Techno acapella download.