The FMCG sector provides livelihood for almost 13 million people through direct employment, accounting for 6% of sector turnover which is Rs. 7,000 crores. It contributes to rural development through social programs run by companies. It also impacts other sectors such as agriculture by sourcing 9% of total turnover as raw materials, third party logistics which has grown 211% since 2002, and ancillary industries in manufacturing and distribution. The packaging industry is worth US$ 2.9 billion thanks to the FMCG sector, and around 40% of media industry earnings come from FMCG advertising spending. Familiar FMCG brands also help promote the tourism industry.
The FMCG sector provides livelihood for almost 13 million people through direct employment, accounting for 6% of sector turnover which is Rs. 7,000 crores. It contributes to rural development through social programs run by companies. It also impacts other sectors such as agriculture by sourcing 9% of total turnover as raw materials, third party logistics which has grown 211% since 2002, and ancillary industries in manufacturing and distribution. The packaging industry is worth US$ 2.9 billion thanks to the FMCG sector, and around 40% of media industry earnings come from FMCG advertising spending. Familiar FMCG brands also help promote the tourism industry.
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The FMCG sector provides livelihood for almost 13 million people through direct employment, accounting for 6% of sector turnover which is Rs. 7,000 crores. It contributes to rural development through social programs run by companies. It also impacts other sectors such as agriculture by sourcing 9% of total turnover as raw materials, third party logistics which has grown 211% since 2002, and ancillary industries in manufacturing and distribution. The packaging industry is worth US$ 2.9 billion thanks to the FMCG sector, and around 40% of media industry earnings come from FMCG advertising spending. Familiar FMCG brands also help promote the tourism industry.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online from Scribd