Global FMCG giants bet big on India as demand, premiumisation rise - The Economic Times
Global consumer product makers reported strong demand in India during the June quarter. Companies like Mondelez and L'Oreal saw accelerating growth and market share gains. Reckitt achieved high single-digit growth through wider distribution and improved execution. These firms view India as a key long-term growth engine for their businesses. Plans are underway to increase investments and strengthen their Indian market presence.