Sugar: At 20-Month Low
Macroscope sector
Macroscope sector
The FMCG major has signed a deal to sell its 'Annapurna' and 'Captain Cook' food brands to Singapore-based Uma Global Foods and Uma Consumer Products for ₹60.4 crore.
Supply chain disruption caused by Russia-Ukraine war has compelled consumer product companies to undertake another round of steep price hikes, slash trade margins and use substitute ingredients.
The economic momentum is expected to gather pace through the second half of 2018, benefiting from a favourable economic and policy environment, says the report.
With products available in over 60 countries, Kolkata-headquartered Emami is steadily expanding its footprint overseas. And Iran is its next stop.