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  • Pre-Budget Expectations of FMCG Sector

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    India's FMCG sector is 4th largest sector in the economy and has a market size of US $ 13. Billion. This sector contributes around 3 million employment opportunities. Rural market makes up only 20% of overall FMCG sales.

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    Pre-budget Expectations of Fmcg Sector

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    India's FMCG sector is 4th largest sector in the economy and has a market size of US $ 13. Billion. This sector contributes around 3 million employment opportunities. Rural market makes up only 20% of overall FMCG sales.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
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    6 views8 pages

    Pre-Budget Expectations of FMCG Sector

    Uploaded by

    milandave3889
    India's FMCG sector is 4th largest sector in the economy and has a market size of US $ 13. Billion. This sector contributes around 3 million employment opportunities. Rural market makes up only 20% of overall FMCG sales.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 8

    PRE-BUDGET EXPECTATIONS OF FMCG SECTOR

    Submitted To: Prof. Rasananda Panda

    Prepared By: Milan Dave (A 14) Sweety Hirpara (A 19) Yatindra Jha (A 23) Manisha Ramrakhyani(A 35)

    Why FMCG is so Important?

    Products which have a quick turnover, and relatively low cost are known as Fast Moving Consumer Goods (FMCG). Indias FMCG sector is 4th largest sector in the economy and has a market size of US $ 13.1 billion. This sector contributes around 3 million employment opportunities. FMCGs contribution to Indias GDP is 2.2 %.

    (In US $ Billion)

    Key players

    Challenges to FMCG sector

    Rural market makes up only 20% of overall FMCG sales. Current high rate of local taxes like Octroi, Value added Tax, etc. Imports of refined edible oil. High Excise duty

    Expectations of FMCG sector


    FICCI seeks reduction in VAT (biscuits)

    Excise duty 1. drinking water 2. soya processed food 3. Cigarette

    Corporate Service Tax

    Continued. . . .
    Focus on rural development through

    various schemes

    Revision of Tax slabs Implementation of GST

    Increase availability of vegetable oils from domestic resources

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