Wednesday, December 12, 2012

Economics

Indian artless Market: A snapshot Highlights: 1. Indian outlandish firmament has not been impacted by the spherical sparing slowdown 2.Indias Fast Moving Consumer Goods (FMCG) sector has giving consistently during the last three to quaternion years, range a size of US$ 25 jillion, thanks to clownish markets 3. The Indian growth story has now spread to Indias hinterlands. Rural India, theater to about two-thirds of the countrys 1 billion population, is not precisely witnessing an increase in its income but also in wasting disease and production. Additionally, the farming(prenominal) economy has not been impacted by the global stintingal slowdown, according to a recent study by the Rural Marketing Association of India (RMAI). The study found that the rural and small town economy which accounts for 60 per cent of Indias income has remained insulated from the economic slowdown. Moreover, rural incomes are on the rise driven largely due to continuous growth in agriculture for four consecutive years. Lets look at some key sectors that advantage from this trend FMCG FICCI says that in a clear defiance of the economic slowdown of the past 12 months, Indias Fast Moving Consumer Goods (FMCG) sector has grown consistently during the last three to four years, reaching a size of US$ 25 billion (Rs.
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120,000 crore) Rural consumers spend around 13 per cent of their income, the second highest afterward food (35 per cent), on fast moving consumer goods (FMCG), as per a RMAI study. The FMCG industry in India was worth around US$ 16.03 billion in August 2008 and the rural market accounted for a rugged 57 per cent share of the total FMCG market in India. Most FMCG companies are now working on change magnitude their distribution in smaller towns and focusing on trade and operations program for semi-urban and rural markets. Industry analysts state that the increase consumption is also the result of a growing heart class base in these markets. The total number of rural household is expected to rise to 153 million in... If you want to she-bop a full essay, order it on our website: Orderessay

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