Rural demand to remain muted this fiscal, expect green shoots in FY24
Rural India contributes around 36% (due to lower per-capita consumption) of consumer goods companies' revenue, but it accounts for two-thirds of India's population.
fmcg space
January 2023
August 2022
Reliance Retail to enter FMCG space this year: Isha Ambani
Isha Ambani says Reliance Retail opened over 2,500 stores last year to take store count to 15,000 and generated 1.5 lakh jobs, taking employee base to 3,60,000
