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According to FICCI, India FMCG sector is all set for 16% growth during 2008-09, from a base of INR85,470 crores. CRISIL expects the FMCG sector to touch INR 1,40,000 crores by 2015 (US$33.4 billion). An increase in disposable income, across rural and urban consumers, has led many rural consumers to shift from traditional unorganized unbranded [...]
Sale of mobile phones is expected to grow 2.1% in 2009 after growing 13% in 2008. Television and computer sales are projected to increase 2.6% and 8.2% in 2009 after declining 10.5% and 17.8%, respectively, in 2008. The slow growth in sales in global consumer market would affect the top line growth of components manufacturers [...]
According to Ministry of petroleum and Natural Gas of India, the projected consumption of petroleum products in India during the X Plan was 574.1MMT, whereas the actual consumption in India was about 549.3MMT showing a CAGR of about 2.6%.
Gartner expects handset sales in the Indian market to touch 132 million units in 2008 and rise to 235 million units by 2012.
The global handset market is forecast to see slowing growth for 2008, with year-on-year growth only achieving 5.7 percent according to the IMS Research Online Cellular Database. This is significantly lower than previous years, which enjoyed double digit growth. Shipments for new handsets are forecast to hit 1.19 billion for 2008, up from 1.12 billion [...]
According to a recent research conducted by the Business Standard, the washing machine market in India is estimated to be about 1.95-2 million units and constitutes 33 per cent of the durables market
According to the India Retail Report 2009, released by Images F&R Research, massive increase in consumer spending in India is expected to trigger the growth of the retail sector. The country’s retail market is expected to grow to INR18.1 trillion (US$395 billion) by 2010; with organised retail expected to account for around 13 percent of [...]
According to a study by McKinsey, Indian consumer spending is expected to more than quadruple from about US$431.69 billion in 2005 to US$1.77 trillion by 2025. This massive increase will be steered by a ten-fold jump in the nation’s middle-class population and a three-fold rise in household income.
The CFO of Adidas- the German sports goods maker said that he expects at least a 15 percent growth in 2008 net profit, as slowing economic growth has led to a gloomy outlook for the consumer goods sector. According to him, many households are cutting non-essential spending as weaker economic growth has heightened unemployment worries, [...]
