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Find Out Why an Online FMCG Supplier in Gujarat Can Transform Your Business
If you’re running a retail store or a small business in Gujarat, you already know the key to success is offering high-demand products at competitive prices. But how do you ensure your shelves are stocked with the best fast-moving consumer goods (FMCG) without breaking the bank? The answer lies in choosing the right Online FMCG product supplier.
Today, we’ll uncover how partnering with the best FMCG supplier in Gujarat can maximize your business potential and boost your bottom line. Let’s dive in!
What Makes FMCG the Lifeblood of Retail?
Fast-moving consumer goods are the everyday essentials that customers frequently buy—think snacks, beverages, personal care items, cleaning products, and more. Because these products sell quickly, they keep your cash flow steady, which is critical for small businesses.
However, simply stocking these products isn’t enough. You need a reliable supplier to deliver quality goods on time, at competitive prices, and in the right quantities. That’s why choosing the right FMCG supplier is so crucial.
Why Gujarat Is a Hub for FMCG Opportunities
Gujarat is one of India’s most vibrant states for retail and FMCG businesses. With a thriving economy, bustling urban centers, and a strong network of distributors, it’s a hotspot for entrepreneurs looking to grow their businesses. The key to staying competitive in Gujarat’s retail market? Teaming up with a supplier who understands the local market dynamics and customer preferences.
The Key Traits of the Best FMCG Supplier in Gujarat
So, what sets the best FMCG suppliers apart from the rest? Let’s look at the qualities you should prioritize:
1. Diverse Product Range
The top suppliers will offer a vast catalog of products, covering everything from food and beverages to beauty and household goods. This variety allows you to cater to different customer preferences without juggling multiple suppliers.
2. Competitive Pricing
Affordable wholesale rates ensure you can maintain healthy profit margins while offering competitive retail prices. Look for a supplier who strikes the right balance between quality and cost.
3. Reliability and Timeliness
A delayed shipment or an inconsistent supply chain can hurt your business. The best suppliers are dependable, ensuring you never face empty shelves during peak demand.
4. Local Market Expertise
A supplier with deep knowledge of Gujarat’s retail trends and consumer behaviors can guide you in stocking the right products. They can even help you identify emerging trends to stay ahead of your competitors.
5. Customized Solutions
Some suppliers go the extra mile by offering customized product bundles or flexible payment terms tailored to your business size and needs. This kind of personalization can be a game-changer for small businesses.
How a Great Supplier Helps Maximize Your Business
Still wondering how the right supplier can truly impact your business? Here’s how:
1. Increased Efficiency
With a reliable supplier, you spend less time worrying about inventory and more time focusing on growing your business. Automated ordering systems or regular restock schedules can make operations seamless.
2. Higher Profit Margins
By sourcing products at competitive wholesale prices, you can reduce costs and enjoy better margins. Plus, offering high-demand items ensures quicker turnover, keeping your revenue steady.
3. Customer Retention
When your store consistently stocks popular, high-quality FMCG items, customers are more likely to return. A good supplier ensures you never run out of these essentials.
4. Opportunities to Upsell
A supplier with a diverse range of products can help you introduce complementary items. For instance, if you’re stocking tea, why not add biscuits to the mix?
5. Adaptability to Trends
The FMCG market evolves rapidly. A great supplier keeps you informed about new products or shifting consumer preferences, helping you stay ahead of the curve.
Top FMCG Categories to Focus On
Here’s a quick list of FMCG categories you should prioritize in your store:
Packaged Food: Instant noodles, biscuits, chocolates, and chips are evergreen favorites.
Beverages: Tea, coffee, soft drinks, and energy drinks sell like hotcakes year-round.
Personal Care: Shampoos, soaps, toothpaste, and deodorants are everyday essentials.
Household Items: Cleaning supplies, detergents, and kitchen necessities are always in demand.
Health Products: With increasing health consciousness, items like hand sanitizers and nutritional supplements are gaining traction.
How to Choose the Best FMCG Supplier in Gujarat
Now that we’ve established why a good supplier is crucial, how do you go about finding the best one in Gujarat? Here are some steps:
1. Do Your Research
Look for suppliers with good reviews and a strong reputation in the market. Seek recommendations from fellow retailers or business networks.
2. Visit Their Facility
If possible, visit the supplier’s warehouse to inspect their inventory and logistics setup. This will give you an idea of their scale and reliability.
3. Negotiate Terms
Discuss pricing, payment terms, and delivery schedules upfront. A good supplier will be open to negotiation and willing to create a win-win relationship.
4. Test the Partnership
Start with smaller orders to assess the supplier’s service quality. If they meet your expectations, you can scale up your orders gradually.
Final Thoughts
Finding the best FMCG product supplier in Gujarat can be a game-changer for your retail store or small business. By partnering with the right supplier, you can streamline operations, maximize profits, and stay competitive in a dynamic market.
Remember, the best supplier isn’t just someone who delivers goods—it’s someone who understands your business, offers great value, and helps you grow.
So, don’t wait! Start your search today and unlock the full potential of your business with a trusted FMCG partner.
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ITC, Marico to Britannia: Why are FMCG stocks under pressure today? Explained
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Top 5 Corporate Training Companies In India
In the rapidly evolving corporate landscape, training and development are indispensable for business success. A well-trained workforce not only enhances productivity but also fosters innovation and employee satisfaction. India, with its robust industries and emerging technologies, is becoming a hub for corporate training solutions, driven by IT, healthcare, and manufacturing sectors.
The Indian corporate training market is projected to grow at an impressive CAGR of 16.3% by 2027, according to Ken Research, as organizations increasingly focus on e-learning, blended learning, and AI-driven training methods. Despite challenges like budget constraints and lack of standardization, the sector, valued at $12.7 billion in 2019 by Allied Market Research, is expected to witness exponential growth, fueled by demand for upskilling and reskilling in data-driven roles and leadership development.
This article highlights the top 5 corporate training companies in India, renowned for their cutting-edge solutions and specialization across diverse domains such as Generative AI, business analytics, supply chain management, and design thinking.
Dynamic Industries that can lead India's growth
India's growth potential lies in its diverse and dynamic industries:
FMCG: Contributes over 15% of India's GDP, driven by rising rural demand and urbanization.
Healthcare: Expected to reach $372 billion by 2027, fueled by medical advancements and increasing health awareness.
Artificial Intelligence (AI): Projected to add $967 billion to India’s economy by 2035, revolutionizing multiple sectors.
Finance: Robust digital transformation ensures a pivotal role in economic stability.
Biotechnology: Growing at 14%, it's projected to reach $150 billion by 2025, driven by innovation and R&D.
Top 5 Corporate Training Companies In India:
IMT CDL,Ghaziabad:
IMT CDL stands out as one of the best corporate training providers in India, offering comprehensive solutions to meet the needs of modern businesses. Specializing in executive education, their programs cover areas like leadership development, business analytics, and supply chain management. IMT CDL focuses on customized training that enhances employee capabilities and strategic decision-making, helping organizations build agile, high-performing teams. With a blend of classroom and online learning, they ensure maximum impact and real-world application for corporate clients.
Key Offerings:
Corporate training on Business Analytics
Corporate training on supply chain management
Corporate training on data science
Corporate training on Gen AI
Corporate training on Design thinking
Contact:
Institute of Management Technology, Centre of Distance Learning Ghaziabad
A-16, Site-3, UPSIDC Industrial Area, Meerut Road, Ghaziabad, Uttar Pradesh - 201003, 18001021063, +91-120-4622400, [email protected]
MeNTORA:
MeNTORA is a leading employee training and development provider, focusing on innovative programs that enhance workforce capabilities. Their tailored workshops emphasize critical skills such as leadership, effective communication, and problem-solving, enabling organizations to bridge skill gaps and boost performance.
Key Offerings:
Workshops on Business Etiquette & Communication
Workshops for Enhancing Personal Effectiveness
Training Programs for First-Time Managers
Skill Development Workshops for Selling
Leadership Workshops for Advanced Development
Workshops on Managing Stress Effectively
Contact:
MeNTORA,
Premier Road, Vidhyavihar(W) Mumbai – 400086
08655449052, [email protected].
NIIT:
NIIT, a leading Indian multinational, specializes in delivering cutting-edge training solutions focused on professional skills development. With a global footprint, NIIT equips individuals and organizations with critical capabilities in IT, business processes, and emerging technologies, driving workforce transformation and enhancing career growth.
Key Offerings:
CSR Solution
Banking and Finance
Business Analytics
Information Technology
Executive Management
Contact:
NIIT Limited, Lane No. 6, Sharanpur Rd, Old Pandit Colony, Jejurkar Wadi, Sharanpur, Nashik, Maharashtra 422002,
1800 180 6448, [email protected]
Edesteller:
Edstellar specializes in corporate training solutions, providing instructor-led programs to enhance workforce capabilities globally. The company leverages a network of over 5,000 certified trainers to deliver tailored, cost-effective training both virtually and on-site. Its offerings span various domains, including leadership, compliance, and operational excellence, catering to businesses of all sizes. Edstellar also utilizes an advanced training management platform, ensuring seamless execution and centralized administration for diverse learning needs.
Key Offerings:
Leadership Development Programs
Business Analytics Training
Supply Chain Management Courses
Data Science and AI (Generative AI)
Design Thinking Workshops
Sales Excellence Training
Customer Service Excellence
Marketing Excellence Programs
Finance Excellence Training
IT and Digital Skills Development
Contact:
Edstellar Solutions Private Limited,
1321, 3rd Floor, 100 Feet Ring Rd, Marenahalli, 2nd Phase, J. P. Nagar, Bengaluru, Karnataka 560078
09989934007
ManPower Group:
ManpowerGroup offers innovative employee training solutions to help organizations enhance workforce skills and adaptability. With tailored programs across industries, they focus on upskilling, reskilling, and preparing employees for future job demands, driving business success and talent growth.
Key Offerings:
Training and Career Management
Management and Payroll Outsourcing
Staffing on Contract
Recruitment on a Permanent Basis
Staffing on a Temporary Basis
Outsourcing of the Recruitment Process (RPO)
Contact:
ManpowerGroup Services India Pvt Ltd.
Block GP, Plot J-3, Sector V, Bidhannagar, Kolkata, West Bengal 700091
033-4038-1111
Conclusion:
In conclusion, the top corporate training companies in India play a crucial role in upskilling and reskilling the workforce to meet evolving business demands. These organizations, such as IMT CDL, MeNTORA, NIIT, Edstellar, and ManPowerGroup, provide specialized programs in areas like business analytics, data science, leadership development, and more. By investing in these training programs, businesses can enhance employee performance, foster innovation, and ensure long-term success in a competitive market.
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Dhanlakshmi Labels & Meraki Propack opt for Rhyguan from FIG
Flexo Image Graphics (FIG) – an authorized distributor of Rhyguan machines and others including flexo presses & associated equipment from different global brands in the Indian sub-continent – has struck deals to sell two Rhyguan machines – one Rhyguan Top 520 in Gurugram in NCR and a Rhyguan Plus-420 in Hyderabad.
Founded by Gunjan Agrawal and Sulochana Agrawal, Meraki Propack is into the printing & production of a range of premium labels of different types and formats. The range includes self-adhesive labels, IML (in-mold labels), shrink sleeve labels, among others, which are printed & produced using a fleet of advanced presses and equipment at the company’s production facility in Gurugram, Delhi-NCR.
Gunjan of Meraki Propack says, “We are adding the new Rhyguan Top 520 to our fleet of machines for executing large-format IML (in-mold labels) die-cutting capabilities serving large size industrial containers up to 20 litres. This machine is perfectly designed to complement our large repeat printing capabilities on Mark Andy press.” She adds that the machine has been acclaimed widely in the market for its quality and credibility.
The Rhyguan Top 520 is perfectly engineered for die-cutting labels in two steps. It’s fitted with a servo-driven semi-rotary dual die-cutting unit that can also run full rotary. Its dual die-station has its own independent registration and tension control and has a 25mm solid steel frame that determines the machine’s robustness and durability.
Gourav Roy, director, FIG, said, “We welcome Meraki Propack on board as our new partner. We wish them all the best and overall progression with the adding of the Rhyguan TOP 520, a compact and high-precision semi-rotary die-cutting machine that can also run full-rotary, to their machine portfolio.”
Hyderabad’s Dhanlakshmi Labels
When the team Dhanlakshmi Labels was in pursuit of a modular digital finishing machine for embellishments, their search halted at FIG, where they found the Rhyguan PLUS-420.
Manish Jain, managing director of Dhanlakshmi Labels, says, “This modular digital finishing machine ticks all our boxes. It took time for us to finalize because we did an extensive research all around. Nearly 4-5 brands had been crossed check and compared them with Rhyguan. Finally, we found Rhyguan PLUS-420 best among all in every aspect.”
Since its inception in the year 2019, Dhanlakshmi Labels has been on the growth path with constant upgrades of their machine portfolio, manpower, product line, etc. The company works for multinational companies primarily in two key sectors, viz. FMCG and liquor. “Our clients are quality conscious, so is why we wisely select and invest in machines,” mentions Jain.
Backed by a team of 85 well-experienced label printing & production professionals, Dhanlakshmi Labels has a portfolio of nine machines from big brands like Bobst and others. In this, the new Rhyguan PLUS-420 machine is no exception. “Despite its advanced features, this Rhyguan digital finishing machine is ideally cost-efficient and user friendly,” emphasizes Jain.
Dhanlakshmi Labels have been working for a host of big global brands predominantly from the FMCG and liquor sectors. In this respect, Mr Jain mentions, “It’s really proud to be able to rope in big multinational brands as our regular clients over the years.” He adds, “We could do and achieve all these because of our team’s dedication and advanced machines we own.”
Rhyguan PLUS-420 is perfectly designed & engineered with servo-driven semi-rotary die-cut and full rotary flexo units suitably for priming, flood coating, etc. “Though we bought our first machine from FIG this year, we know them very well over the last 7-8 years for their quality products and committed service,” mentions Jain. FIG has a centralized ‘Customer Support Department’ to serve customers across India from its main office in Delhi through Mumbai and Chennai branches.
In addition to Rhyguan, FIG distributes other machines including flexo presses and associated equipment from major international brands like Mark Andy, Rotoflex, Luster, Kluge, KDS Quantum, Presstek, DYM Machinery, DCM ATN, among others. For after-sales service, FIG has a centralised ‘Customer Support Department’ operated from its head office in Delhi connecting to Mumbai and Chennai branches.
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How to Start an Online Side Hustle in 2024
I am going to present you with 10 concrete examples to inspire you.
Revenue-generating capacity. The permanence over time of this business model. They are solid, and if you approach it well, you will be able to live from this activity for years or decades.
Let’s look at the 10 best ways to make money:
1. Selling Virtual Services — Freelance (B2B) — Top
The idea is to sell a turnkey service to a customer, ideally a company or an entrepreneur.
We also want to narrow down the options very well to be able to present a fixed price and thus shorten the sales cycles with customers. This saves us the phase of quoting tailored for each client and negotiating rates.
2. Sale of virtual services — individuals — Top
It is a similar model to the previous case, except that in this case you are addressing a private individual.
We now live surrounded by experts and advisors who help us feel better and offer the world our best possible version: personal trainers, nutritionists, personal shoppers, therapists, and life coaches.
Traditional consulting has reached the FMCG sector. And believe me, this trend is here to stay.
For 2 essential reasons:
People are beginning to privilege the purchase of experiences over the purchase of a possession. The world is becoming more complex and changing faster every day. We need to surround ourselves with “expert friends” who help us untie the knots in our lives.
3. Selling Virtual Services — Mentoring — Top
Many 1-to-1 services of a lifetime can be digitized without major problems. We have seen online medical consultations skyrocket during the Coronavirus crisis.
It is not about making the same online experience as offline, but about providing enough value digitally. And on the demand side, the perceived value for these digital services is increasing.
If we take it to a group model, it would be fantastic to be able to accompany small groups of customers around a common transformation that you can lead.
Hence the idea of doing group consulting, or group coaching, for 2 to 3 months and thus accompanying a group of clients instead of doing it individually.
If you take this model of group accompaniment to a longer time scale, the year, you have a mentoring program, in which the mentor will be able to transfer a lot of knowledge to their mentees, follow their evolution, month by month, and correct the mentors, if necessary.
And above all, there is enough time to develop a more intimate relationship with the mentee. An aspect that is often key to bringing out the best in a person.
Mentoring is a mixture of training, consulting, and coaching, which is based on the figure of the group, in order to, in short, raise all participants higher.
In complex processes, entrepreneurship, finding a partner, breaking up with an addiction, etc., the figure of the group takes on all the meaning in the world and reinforces the overall quality of the experience.
4. Selling an Online Course — Top
It’s a model I know well because I’ve been practicing it for 10 years now. I started in July 2010 with an Affiliate Marketing course, followed by my first professional recording in November 2010 with La Dieta Casanova, a misnamed training on selling online services. What times those were!
The idea is simple: you identify a specific and important problem for a target audience, and you solve it with an online course, cheaper than the purchase of a turnkey service or individual support such as consulting or coaching.
It is a great business model because it is completely scalable since the support is group and 100% virtual.
So once the course is done, your mission will be to sell your course to as many people as possible.
5. Selling a digital product
If you know how to design, program, or produce in digital (music, audio, videos, photos, etc.), you can create cheap digital products and sell them on specialized marketplaces.
There are large communities and ecosystems where you can locate your business: WooCommerce in the WordPress universe, Shopify, and in general, all the most successful SaaS tools offer their users marketplaces for selling add-ons.
Musicians can be quoted on Airbits, photographers on Shutterstock, or Abode Stock.
6. Selling Crafts Online on Etsy
If craftsmanship is your thing, you can reach a lot of people by creating a shop on the go-to platform for selling crafts online, Etsy.
Alicia Shaffer sells six figures a month of products she designs herself from Etsy. He is now at the helm of an established brand, Three Bird Nest, which scales the sales he first launched on Etsy as a test flea market.
7. Selling a Paid Membership The idea is to offer a series of exclusive content and services for members (priority support, live Q&A sessions, review of work, etc.) to the members of a virtual club, who access the platform by paying an affordable monthly fee.
8. Digital Influencer: Instagram/YouTube
For Aida Domenech, it all started on Instagram (Dulcidea), collaborating with brands in the fashion sector. Now at the head of an online store, everything is easier with millions of followers.
It’s a very risky business model, and brands are betting on micro-influencers who work for free in exchange for a free product to balance the power of these digital superstars who charge too much to carry out sponsored actions.
9. Dropshipping Store
Dropshipping is like e-commerce, but with problems related to logistics, distribution, and customer service because the dropshipper reaches an agreement with a wholesaler who will be in charge of these processes. Sometimes, the wholesaler is Amazon itself, with its Amazon FBA service.
Again, this type of online business is designed for people skilled with technology and digital communication (SEO, copywriters, experts in advertising campaigns), because the digital platform is the core of the dropshipper’s activity.
As all other e-commerce processes are outsourced to a logistics wholesaler, the gross margin that a dropshipping store has is very low. So the choice of product is key to the success of the store.
But there are always niche products that you can sell with this model before they become too “mainstream” and the big e-commerce companies start a price war that leaves you with no margin as a dropshipper.
It is a business for surfers of new consumer trends.
Most of the dropshipping stores that really work are usually transformed into traditional e-commerce to increase the gross margin on sales.
You can do all this with a platform like Shopify.
Once the sales channel is up and running and generating solid sales, this change in operating model can be considered at minimal risk.
10. Niche Blog: Adsense
It is a derivative and a complement to the previous model, on affiliation. This time, you are not going to charge a commission per sale, but Google is going to pay you every time a user clicks on one of your ads.
The commission per click is much lower than in the case of affiliation, but clicking on an ad is a lower commitment for a user, so the volume of clicks made in a period is also higher.
#side hustle#work from home#financial freedom#passive income#make money fast#earn money online#money making#money
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Top 10 B2B Online Marketplaces in India: Best Platforms to Grow Your Business
India’s B2B landscape has evolved tremendously over the past few years, offering exporters, suppliers, and buyers a wide array of opportunities to connect and grow their businesses. With the rise of digital platforms, B2B online marketplaces in India have become a critical tool for businesses looking to expand their reach and connect with partners both locally and globally. Whether you’re sourcing products or exploring global trade opportunities, these marketplaces serve as a hub for business transactions, providing access to reliable partners and customized solutions.
1. Bharat2Export
At Bharat2Export, we pride ourselves on being one of the leading players in the Indian export market, offering services like reliable sourcing, customized solutions, logistics support, and facilitating global trade opportunities. In this blog, we’ll explore the Top 10 B2B online marketplaces in India that can help you scale your business and connect with trusted partners.
2. TradeIndia
Another prominent player in the B2B online marketplaces in India is TradeIndia. This platform is known for its broad range of industry categories and strong focus on customer service. It connects businesses with buyers across the globe, offering tools for businesses to enhance their digital presence. With Bharat2Export’s logistics support and customized solutions, you can make the most of TradeIndia’s vast database of clients and suppliers.
If you’re seeking to expand your global footprint, TradeIndia can serve as a powerful tool, especially with our global trade opportunities and expertise in navigating international markets.
3. Alibaba India
Alibaba needs no introduction as one of the world’s largest B2B online marketplaces. Its Indian arm, Alibaba India, offers local businesses the chance to connect with international buyers and suppliers. The platform is perfect for small and medium enterprises looking to scale up. With Bharat2Export’s reliable sourcing services, you can rest assured that every connection made through Alibaba India will be valuable and fruitful for your business.
4. Udaan
Udaan has quickly emerged as one of the top B2B online marketplaces in India. Specializing in products like electronics, apparel, and FMCG goods, Udaan focuses on making B2B trade easy and efficient. It offers an integrated platform where businesses can manage orders, track payments, and handle logistics all in one place.
At Bharat2Export, we recognize the value that Udaan brings to the table, and we can help you take full advantage of this growing platform by providing customized solutions tailored to your specific needs.
5. ExportersIndia
ExportersIndia is a well-known B2B online marketplace in India that caters to both exporters and importers. It offers businesses an easy way to promote their products to a global audience. The platform has been around for over 20 years and offers a seamless process for listing and managing products. Bharat2Export’s expertise in global trade opportunities and logistics support ensures that your products reach international buyers efficiently.
6. Amazon Business India
Amazon Business India has revolutionized the way businesses buy and sell products online. As part of Amazon’s global business wing, this B2B online marketplace in India offers access to a wide range of products at competitive prices. The platform is ideal for businesses looking to source products in bulk, and with Bharat2Export’s reliable sourcing services, you can secure quality goods at the best rates.
7. Go4WorldBusiness
Go4WorldBusiness is a rapidly growing B2B online marketplace in India, providing access to buyers and suppliers from around the globe. It focuses on various industries, from textiles to machinery, offering businesses a platform to grow internationally. With Bharat2Export’s assistance, your business can leverage Go4WorldBusiness’s international presence and capitalize on global trade opportunities.
8. WholesaleBox
If you’re in the wholesale trade business, WholesaleBox is one of the most reliable B2B online marketplaces in India. The platform specializes in apparel and accessories, giving wholesalers a platform to connect with retailers across the country. At Bharat2Export, we offer logistics support to ensure that your shipments reach their destinations on time, keeping your business running smoothly.
9. BizBilla
BizBilla is another emerging player in the B2B online marketplaces in India. It offers businesses an easy-to-use interface and the ability to connect with suppliers and buyers in various industries. BizBilla’s global reach ensures that Indian businesses can tap into international markets, making it an ideal platform for expanding your business. Bharat2Export’s services complement BizBilla by offering customized solutions that fit your business needs.
10. IndoTrading
IndoTrading is a rising star in the world of B2B online marketplaces in India. While primarily focused on trade between India and Southeast Asia, the platform is quickly expanding its global reach. Businesses looking to export or import products can benefit from IndoTrading’s focus on reliable trade practices. With Bharat2Export’s global trade opportunities and logistics expertise, you can efficiently navigate the complexities of international trade.
Conclusion
As the B2B online marketplaces in India continue to evolve, businesses have more opportunities than ever to connect with partners, source products, and expand their global reach. Bharat2Export stands ready to help businesses succeed in the competitive world of B2B trade. With our comprehensive offerings—including global trade opportunities, reliable sourcing, customized solutions, and logistics support—you can make the most of these platforms and grow your business across borders.
Partner with Bharat2Export today and take your business to new heights through India’s top B2B online marketplaces!
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Unveiling the World of Point of Sale Materials (PoSM) Procurement Intelligence 2024-2030
Point of Sale Materials (PoSM) procurement enables businesses to engage with the customers collectively and personally. The global market size was valued at USD 38.8 billion in 2023. Retailers and brands are procuring PoSM as an effective tool to make the most of customers' in-store experiences. They draw customers’ attention, offer product information, and influence impulsive purchases. Also, PoSM supports the businesses by offering a competitive edge by highlighting new arrivals, special deals, and product’s unique selling propositions (USPs) in light of the fierce rivalry in retail environments. In addition, the market is witnessing rising inclinaton towards interactive and customized display solutions. Furthermore, brands (business enterprises / retailers) are demonstrating a clear inclination towards environment-friendly solutions, which are in line with their sustainability objectives and are changing the demand for PoS materials.
Besides interactive kiosks and digital signage, technologies such as augmented reality (AR) and data-driven interactive kiosks are fuelling the market towards growth. Augmented reality (AR) supports retailers in successfully persuading store employees to position the merchandise more conveniently. It provides more chances to configure the offerings at the POS to maximize sales conditions. For instance, in FMCG, sales may more effectively and efficiently alter in-store circumstances with the use of augmented reality. Businesses claim to have increased sales of in-store merchandise, such as refrigerators and displays. It so aids in resolving the "last meter objection," which is the lack of a suitable area at the POS. In retail settings, interactive kiosks are frequently employed to give clients self-service alternatives. They can be used for things like pricing comparison, self-checkout, product information, and even virtual shopping.
North America region dominates the global landscape, followed by Asia-Pacific and Europe. Asia-Pacific is anticipated to witness the fastest rate of growth during the projected timeframe, owing to the rising expansion of retail store networks in the region. Manufacturers in the region are investing heavily in order to implement efficient marketing strategies which support the growth of the demand for the solutions offered in the industry. In addition, the adoption of PoSMs in many end-use industries is being further supported by the improvement in people's living standards and growing disposable incomes. Furthermore, the remarkably developed European market may be ascribed to the presence of well-known international providers in the region. Also, the widespread use of online POP management software in Europe is another factor propelling the industry.
Order your copy of the Point of Sale Materials (PoSM) Procurement Intelligence Report, 2024 - 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
Key industries such as food & beverage, FMCG, retail, cosmetics, and personal care are showing a notable increase in the PoSM display, which is fueling the growth of the global market. Store formats such as convenience stores, supermarkets, and hypermarkets are witnessing expansion, particularly in the tier-two and tier-three cities of Latin America and Asia. In addition, retailers are investing more in the PoSM industry as they seize opportunities to grow into emerging regions. PDQ and on-shelf displays are becoming more and more popular as a means of grabbing customers' attention. This has increased the importance of these displays because they are an effective way to encourage walk-ins. Furthermore, they are looking to deploy more cutting-edge PoSM solutions that draw customers attention.
Point of Sale Materials (PoSM) Sourcing Intelligence Highlights
• The global point of sale materials (PoSM) market is highly competitive, exhibiting a fragmented landscape with the presence of large number of regional and global players operating in the industry.
• Buyers in the industry possess high negotiating capability due to the intense competition among the suppliers, enabling them with flexibility to switch to a better alternative.
• China is the preferred best cost country for sourcing point of sale materials (PoSM).
• Raw materials, labor, technology, machinery and equipment, rent and utilities, and others are the major cost components in the point of sale materials (PoSM) industry. Other costs include maintenance and repair, certifications, administrative fees, tax, insurance, and interest on loans.
Point of Sale Materials (PoSM) - Key Suppliers
• Amitoje India
• DS Smith Plc
• HH Global Ltd.
• KSF Global Ltd
• One Plus Management Limited (Rising)
• RTC
• Simpson Group
• Smurfit Kappa Group
• Tokinomo Marketing S.R.L
• TPH Global Solutions
• Trion Industries, Inc.
• VKF Renzel GmbH
Browse through Grand View Research’s collection of procurement intelligence studies:
• HDPE Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
• Facilities Management Services Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)
Point of Sale Materials (PoSM) Procurement Intelligence Report Scope
• Growth Rate: CAGR of 6.27% from 2024 to 2030
• Pricing Growth Outlook: 5% - 10% increase (Annually)
• Pricing Models: Fixed pricing, Competition-based pricing
• Supplier Selection Scope: Cost and pricing, Past engagements, Productivity, Geographical presence
• Supplier Selection Criteria: Geographical service provision, industries served, years in service, employee strength, revenue generated, certifications, types of PoSM (soft / hard), technology integration, customization options, customer support, lead time, and others
• Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model
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One-stop Packaging Supply Store for Diverse Needs
In the fast-paced world of commerce, the role of packaging is indispensable. Whether you're a small business owner, a large corporation, or an individual looking to ship a product, the packaging you choose not only ensures the safety of packaging in noida your items but also reflects the quality of your brand. That's why finding a reliable, one-stop packaging supply store is crucial for meeting your diverse needs. With the growing demand for customized packaging solutions, from mono cartons to specialized packing materials, it’s important to packaging manufacturer in noida packing materials near me know packing material online where to turn.
The Importance of Packaging in Business
Packaging is more than just a means to protect your product; it’s an integral part of your brand's identity. A well-designed package can set you apart from competitors, making your product stand out on crowded shelves. Whether you are selling high-end electronics, delicate glassware, or organic foods, the packaging must align with the product’s purpose and your brand's message. It’s not just about the aesthetic appeal; it’s packaging manufacturer in noida about best functionality, durability, and sustainability.
The Role of a Mono Carton Manufacturer
When it comes to packaging, one of the most popular options is the mono carton. These cartons are used for a variety of products, including cosmetics, pharmaceuticals, and FMCG goods. As a leading mono carton manufacturer, the emphasis is on providing durable, lightweight, and customizable packaging solutions. A well-manufactured mono carton not only ensures that the product inside is secure but also adds a touch of packaging material online professionalism to the overall presentation.
Mono cartons are highly versatile and can be tailored to meet specific requirements. Whether it’s a sleek, minimalist design for a luxury brand or a vibrant, eye-catching box for consumer goods, a mono carton manufacturer can help bring your vision to life. With advancements in printing technology, these cartons can also be embellished with high-quality graphics, embossing, and other decorative features to make best packaging in noida packing materials near me them truly unique.
Packaging in Noida: A Hub of Innovation
Noida, a bustling city in India’s National Capital Region, has emerged as a significant hub for the packaging industry. With a concentration of businesses ranging from small enterprises to multinational corporations, the demand for high-quality is ever-growing. The city is home to numerous packaging supply store, offering everything from basic packing materials to sophisticated, custom-designed solutions.
Whether you're looking for packing materials near you or want to order packaging material online, Noida has a vast array of options. The local industry is packaging manufacturer in noida known packing materials near me for its innovation and commitment to quality, making it a go-to destination for businesses seeking reliable packaging partners. No matter the scale of packaging manufacturer in noida your best operation, the packing material online packaging solutions available in Noida can cater to your every need, ensuring that your products are well-protected and presented in the best possible way.
The Convenience of a Packaging Supply Store
A one-stop packaging supply store is a treasure trove for businesses and individuals alike. These stores stock everything from basic packing materials, like bubble wrap and tape, to specialized items like custom-designed boxes and eco-friendly options. The convenience of having all these products in one place cannot be overstated. Instead of sourcing your packing materials from multiple vendors, you can find everything you need under one roof, saving time and effort.
Moreover, many of these stores now offer the option to purchase packing material online, making the process even more convenient. Whether you're based in a remote area or simply prefer the ease of online shopping, you can have your packaging materials delivered right to your doorstep. This is particularly beneficial for small businesses or individuals who may not have the time or resources to visit a physical store.
Why Purchase Packing Material Online?
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When buying packaging material online, you can choose from a variety of options, including eco-friendly materials, custom sizes, and branded packaging. The flexibility of online shopping allows you to find exactly what you need, without being limited to the inventory of a local store. Additionally, many online packaging supply store offer bulk discounts and best packaging in noida free shipping, making it a cost-effective solution for businesses of all sizes.
Finding the Best Packing Materials Near Me
If you prefer to shop locally, finding the best packing materials near you is easier than ever. With the growing number of packaging supply store across the country, you’re likely to find a reliable supplier in your vicinity. Local stores often have the advantage of offering personalized service, allowing you to see and feel the mono carton manufacturer products before making a purchase.
When searching for packing materials near me, consider the store’s reputation, product range, and customer service. A well-established store with a wide variety of options is likely to meet your needs better than a smaller, less specialized retailer. Additionally, shopping locally can help you avoid shipping costs and support small businesses in your packaging manufacturer in noida best packaging in noida community.
Custom Packaging Solutions for Diverse Needs
In today's competitive market, standard packaging solutions often don’t suffice. Businesses are increasingly turning to custom packaging to differentiate their products and create a lasting impression on customers. Whether it’s a custom-designed mono carton or a unique packing material tailored to specific products, custom packaging can significantly enhance your brand’s image.
Custom packaging solutions are particularly important for packaging material online businesses in the luxury, food, and pharmaceutical industries, where the packaging must meet specific regulatory requirements or reflect the premium nature of the product. By working with a reliable packaging supply store, you can develop packaging that not only protects your packing material online product but also packaging in noida aligns with your brand’s packing materials near me identity.
The Future of Packaging: Sustainable Solutions
As environmental concerns continue to rise, the packaging industry is increasingly focusing on sustainability. From recyclable materials to biodegradable packing solutions, the future of packaging lies in eco-friendly alternatives. Many packaging supply store are now offering a wide range of sustainable options, allowing businesses to reduce their environmental footprint without compromising on quality.
Whether you’re looking for eco-friendly packing materials online or at a local store, the options are growing. Sustainable packaging is not only better for the environment, but it also resonates with today’s consumers, who are more conscious of the impact their purchases have on the planet. By choosing sustainable packaging, businesses can attract environmentally-conscious customers and contribute to a greener best packaging in noida future.
Conclusion: The One-stop Solution for Your Packaging Needs
Finding the right packaging supply store is crucial for packaging manufacturer in noida any business or individual looking to protect their products and enhance their brand’s image. Whether you’re in need of a reliable mono carton manufacturer, high-quality packaging in Noida, or convenient options to purchase packing material online, the right packaging partner can make all the difference.
With the convenience of online shopping, the innovation of packing materials near me packaging solutions in Noida, and the increasing availability of sustainable options, there’s never been a better time to invest in quality packaging. Whether you’re a small business owner or a large corporation, a one-stop packaging supply store can cater to your diverse needs, packaging in noida ensuring that your products are packaging material online always well-protected and mono carton manufacturer packaging manufacturer in noida beautifully presented.
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5 Trends That Are Shaping the Best FMCG Companies in Dubai
It has been noted that Dubai’s environment is not only an excellent ground for luxury goods; it also hosts a rapidly growing market for fast-moving consumer goods (FMCG). This sector, driven by population growth and increased disposable income, is experiencing a lot of change. Let us take a look at the trends that are defining the best FMCG distributors in UAE.
Greater Convenience: The New Normal
The days of relaxed shopping for groceries are now gone. Today's consumers crave convenience. Think about it: When you are a tired person, coming from work or any other activity, the last thing you would wish to do is spend so much time moving around the aisles. This is where FMCG distributors in Dubai are making a difference.
From meal kits to an endless variety of prepared foods, convenience is the name of the game. This is an area that FMCG manufacturers are tackling by seeking new ways to package and deliver the products to consumers.
2. Sustainability: Not Just a Catchphrase
The topic of environmental awareness is gradually gaining popularity among consumers. They are looking for products that work and are also friendly to the environment. This transition has been observed through trends that include organic, local, and ethically sourced produce.
The meat industry is also not spared from this change of heart by consumers, who are now going for antibiotic-free, grass-fed, and free-range products. However, packaging is the focus. The once-considered ‘green’ options have become a necessity in the modern world.
3. Health is Wealth: The Emphasis on Quality
The days of going on a binge and not giving it a second thought are gone. Awareness about health is increasing. Customers are more conscious of the labels; they are opting for foods with less sodium, fat, and sugar. This shift in preference is putting pressure on FMCG companies to change the formulation of their products.
4. Technology: Driving Innovation
FMCG firms are using analytics to get a better insight into consumer behaviour. It is also assisting them in making the right decisions concerning product development, marketing, and supply chain management. Further, innovations in the technology used in production are leading to increased productivity and decreased expenses.
5. Direct-to-Consumer: Removing the Middleman
The distribution model that has been in practice for many years is changing. A large number of FMCG partners are adopting the strategy of direct selling to customers, thus avoiding retailers. It has certain advantages, like more control over the price, customer information, and brand image. Through direct customer relations, the companies can cultivate customer loyalty while at the same time getting valuable information.
What are the Prospects for FMCG in the Future?
The FMCG environment is constantly changing, which therefore requires close attention when undertaking any business. Consequently, it is possible to predict the further development of such technologies as augmented reality and virtual reality in the sphere of shopping. In addition, sustainability, health, and convenience will continue to be the primary drivers of the future and the industry.
Conclusion
In Dubai, the FMCG industry is rapidly changing. Convenience, sustainability, and health are becoming more important to consumers, and FMCG companies need to change to remain competitive. Technology integration and the growth of direct-to-consumer business models are changing the sector and pointing to a vibrant, exciting future.
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Unveiling the Best Performing Large Cap Stocks in India for 2024
Introduction
In the dynamic world of investments, large cap stocks hold a prominent position due to their stability and potential for growth. As we navigate through 2024, understanding the landscape of large cap stocks in India becomes crucial for investors looking to build a resilient portfolio. This article aims to provide a comprehensive guide to the best performing large cap stocks in India for 2024, highlighting their benefits, risks, and strategic insights for potential investors.
Understanding Large Cap Stocks
Large cap stocks are characterized by their substantial market capitalization, typically exceeding Rs. 20,000 crore. These companies are leaders in their industries, known for their established business models, strong market presence, and significant operational scale. Investors often turn to large cap stocks for their stability and lower volatility compared to mid-cap or small cap stocks.
Benefits of Investing in Large Cap Stocks
Investing in large cap stocks offers several compelling advantages:
Stability and Predictability: Large cap companies tend to have stable revenue streams and established market positions, reducing the volatility of their stock prices.
Dividend Income: Many large cap stocks distribute regular dividends, providing investors with a consistent income stream.
Liquidity: Large cap stocks are generally more liquid, allowing investors to buy or sell shares without significantly impacting market prices.
Risks Associated with Large Cap Stocks
While large cap stocks are considered safer investments, they are not immune to risks:
Market Risk: Economic downturns or adverse market conditions can impact even the largest companies, affecting their stock prices.
Sector-specific Risks: Industries that large cap companies operate in may face challenges such as regulatory changes, technological disruptions, or shifts in consumer preferences.
Company-specific Risks: Issues related to management decisions, corporate governance, or legal matters can affect individual large cap stocks.
Factors Influencing Large Cap Stocks in 2024
Several factors play a crucial role in influencing the performance of large cap stocks in 2024:
Economic Conditions: Factors like GDP growth, inflation rates, and fiscal policies can impact consumer spending and corporate profitability.
Sectoral Performance: Industry-specific trends, technological advancements, and global market dynamics affect the growth prospects of large cap companies.
Global Market Trends: Geopolitical events, trade policies, and international market sentiments influence large cap stocks with global operations.
Top Performing Large Cap Stocks in India for 2024
Identifying potential top performers among large cap stocks involves analyzing various criteria such as financial strength, growth prospects, and market sentiment. Here are some of the top contenders for 2024:
Reliance Industries Limited (RIL) - A conglomerate with interests in energy, petrochemicals, retail, and digital services, known for its scale and strategic investments.
HDFC Bank - India's largest private sector bank, recognized for its robust financial performance, extensive branch network, and customer-centric approach.
Tata Consultancy Services (TCS) - A global IT services, consulting, and business solutions leader, renowned for its innovation, client partnerships, and digital transformation capabilities.
Hindustan Unilever Limited (HUL) - India's largest FMCG company, offering a diverse portfolio of household and personal care products, known for its strong brand equity and distribution network.
Infosys - A global leader in next-generation digital services and consulting, valued for its focus on innovation, client-centric approach, and strong financial performance.
Strategies for Investing in Large Cap Stocks
To capitalize on the potential of large cap stocks while managing risks, consider the following strategies:
Diversification: Spread investments across multiple large cap stocks to reduce concentration risk and capture opportunities across different sectors.
Long-Term Perspective: Adopt a buy-and-hold strategy to benefit from the compounding effect and capitalize on the long-term growth potential of large cap companies.
Fundamental Analysis: Conduct thorough research on financial statements, management quality, competitive positioning, and growth prospects before making investment decisions.
Conclusion
Investing in large cap stocks in India can be a prudent strategy for investors seeking stability, growth, and dividend income. While large cap stocks offer resilience against market volatility, it's essential to consider economic conditions, sectoral trends, and company-specific factors. By understanding the benefits, risks, and influencing factors, investors can make informed decisions to build a robust portfolio aligned with their financial goals for 2024 and beyond.
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Becoming a Leading Distributor in Goa: Opportunities and Benefits
Goa, known for its stunning beaches and vibrant culture, is not just a tourist paradise but also a thriving business hub. With its unique blend of tradition and modernity, Goa offers abundant opportunities for businesses to flourish. For those looking to capitalize on this growth, becoming a distributor in Goa is an excellent avenue.
Why Choose Goa for Distribution?
Strategic Location
Goa’s location on India’s western coast makes it a gateway for trade. Its proximity to major ports like Mormugao Port provides easy access to both domestic and international markets. This strategic advantage is ideal for distributors looking to streamline logistics and reduce transportation costs.
Growing Economy
Goa’s economy is diverse, ranging from tourism and hospitality to manufacturing and retail. The state’s rising disposable income and influx of tourists create a consistent demand for quality products. Distributors in Goa can cater to various sectors, ensuring steady growth and profitability.
Supportive Business Environment
The government of Goa actively promotes business growth through various schemes and incentives. With simplified licensing processes and an emphasis on ease of doing business, establishing a distributorship in Goa is relatively hassle-free compared to other states.
Sectors with High Distribution Potential in Goa
1. Fast-Moving Consumer Goods (FMCG)
The FMCG sector in Goa is booming due to the high consumption rates among locals and tourists. Products like packaged foods, beverages, and personal care items are always in demand. As a distributor in this sector, you can tap into a large market with consistent turnover.
2. Food and Beverages
Goa’s rich culinary culture and vibrant nightlife make it a hotspot for food and beverage products. From supplying local restaurants and hotels to catering to retail outlets, there’s no shortage of opportunities for distributors in this sector.
3. Pharmaceuticals
With a growing focus on healthcare, the demand for pharmaceutical products in Goa is on the rise. Distributors in the pharmaceutical sector can cater to hospitals, clinics, and pharmacies, ensuring a steady and lucrative business.
4. Electronics and Appliances
The demand for electronics and home appliances is steadily increasing in Goa, driven by urbanization and rising standards of living. Distributors in this sector can target both urban and rural markets.
5. Construction and Building Materials
With continuous development projects and real estate growth, the need for construction materials is ever-present. Distributors supplying cement, steel, paints, and other building materials can benefit greatly in Goa.
Steps to Becoming a Distributor in Goa
1. Market Research
Before starting, conduct thorough market research to understand the demand, competition, and potential gaps in the market. Identify the sectors with the highest growth potential and choose the one that aligns with your interests and expertise.
2. Choose a Niche
Focusing on a specific niche helps you establish a strong presence in the market. Whether it’s FMCG, pharmaceuticals, or electronics, specializing in one sector allows you to build expertise and cater to customer needs more effectively.
3. Obtain Necessary Licenses
Register your business and obtain the necessary licenses and permits. This includes a GST registration, trade license, and any sector-specific certifications required in Goa.
4. Build a Network
Establishing strong relationships with manufacturers, wholesalers, and retailers is crucial. Attend trade fairs and networking events to connect with potential partners and clients.
5. Invest in Infrastructure
Invest in the right infrastructure, including storage facilities, transportation, and technology. Efficient logistics and inventory management systems are essential for running a successful distributorship.
6. Leverage Technology
Use technology to streamline operations. From inventory management software to digital marketing tools, leveraging technology can help you stay ahead of the competition and improve efficiency.
Benefits of Being a Distributor in Goa
1. Consistent Demand
Goa’s thriving tourism industry and growing population ensure consistent demand for a wide range of products. This provides distributors with a stable and lucrative market.
2. High Profit Margins
Distributors often enjoy high profit margins due to bulk purchasing and exclusive agreements with manufacturers. By negotiating favorable terms, you can maximize your earnings.
3. Diverse Opportunities
From catering to local retailers to supplying large businesses, distributors in Goa have diverse opportunities to expand their operations and scale their business.
4. Government Support
The government’s pro-business policies and incentives for small and medium enterprises (SMEs) make it easier for distributors to establish and grow their operations.
Challenges and How to Overcome Them
1. Logistics Issues
While Goa’s location is advantageous, internal logistics can sometimes be challenging due to infrastructure limitations. Investing in efficient transportation and warehousing solutions can help mitigate this issue.
2. Seasonal Demand Fluctuations
Goa’s economy is influenced by seasonal tourism, which can lead to demand fluctuations. Diversifying your product portfolio and targeting both local and tourist markets can help maintain consistent sales.
3. Competition
The distribution market in Goa is competitive, with several established players. Differentiating your business through superior customer service, competitive pricing, and exclusive product offerings can give you an edge.
Why Choose Distributor Bazaar for Your Business Needs?
At Distributor Bazaar, we specialize in connecting businesses with the right distribution opportunities. Whether you’re a manufacturer looking for reliable distributors or an entrepreneur aiming to establish a distributorship in Goa, we provide end-to-end solutions to help you succeed.
Our Services Include:
Access to a wide network of manufacturers and retailers
Guidance on market trends and opportunities
Support in obtaining licenses and setting up your business
Tools and resources to optimize your operations
Conclusion
Becoming a distributor in Goa offers immense potential for growth and profitability. With its strategic location, diverse economy, and supportive business environment, Goa is the perfect place to launch your distributorship. By partnering with Distributor Bazaar, you can navigate the challenges and make the most of the opportunities in this vibrant market. Start your journey today and become a part of Goa’s thriving business ecosystem!
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GRM Overseas Limited Secures Landmark Rs. 600 Million Basmati Rice Order from Yemen's Al-Naqeeb Group
GRM Overseas Limited, a prominent player in the Indian basmati rice export industry and a leading food FMCG company, has announced a significant new order. The company has secured a Rs. 600 million order from Bin Awadh Alnaqeeb Group, Yemen's largest importer and distributor of Indian basmati rice. This marks the biggest order GRM Overseas has received from the Yemen-based importer to date, underscoring the company's growing influence and reputation in the international market.
Details of the New Order
Under the agreement, GRM Overseas will supply Indian basmati rice to the Bin Awadh Alnaqeeb Group. This order not only strengthens GRM's position in the Middle Eastern market but also highlights the continuous trust and confidence that international clients place in the company's products and services.
Atul Garg, Chairman & Managing Director of GRM Overseas, expressed his enthusiasm about this milestone: "The continuous flow of orders with growing value from Bin Awadh Alnaqeeb General Trading Corp underlines the trust we command in the overseas market. The Middle East is a key market for us, and the order from Yemen will further strengthen our revenue from this region."
About GRM Overseas Limited
Established in 1974, GRM Overseas Limited has evolved from a modest rice processing and trading house to a significant player in the consumer staples sector. The company initially focused on exporting rice to the Middle East, the United Kingdom, and the United States. Over the years, GRM has expanded its market reach to 42 countries, earning its place among the top five rice exporters in India.
GRM operates three rice processing units located in Panipat (Haryana), Naultha (Haryana), and Gandhidham (Gujarat), with a combined annual production capacity of 440,800 metric tons. The company also boasts a substantial warehousing facility adjacent to the Gandhidham plant, facilitating swift shipments from Kandla and Mundra ports.
Brand Portfolio and Market Presence
GRM Overseas markets its products under several brands, including "10X," "Himalaya River," and "Tanoush." The company also engages in private label arrangements, selling products under customers' brands. In recent years, GRM has made significant efforts to reach consumers directly by placing its products on the shelves of major retailers both in India and abroad. This strategy ensures that high-quality GRM products are easily accessible to end consumers.
GRM Overseas is committed to delivering the best quality products to its customers. The company adheres to stringent and proactive quality control procedures that meet international standards, ensuring that every product meets the highest quality benchmarks.
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FMCG Recruitment Agency in India
The FMCG (Fast Moving Consumer Goods) sector is one of the most prominent industries globally, playing a major role in driving economic growth. It consists of a wide range of products like food and beverages, personal care items, household products and many more. Nearly everyone uses fast-moving consumer goods (FMCG) daily. These are the small-scale consumer purchases we make at produce stands, grocery stores, supermarkets or warehouse outlets. Examples include milk, gum, fruits and vegetables, toilet paper, soda, beer, and over-the-counter medications such as aspirin. Fast-moving consumer goods are products that sell quickly at relatively low cost. These goods are also called consumer packaged goods. FMCGs have a short shelf life due to high consumer demand (eg, soft drinks and confectionery) or because they are perishable (eg, meat, dairy products and baked goods). These products are frequently purchased, consumed quickly, cost less, and are sold in large quantities. They also have a high turnover when they're on the shelf at the store.
It’s an excellent industry for career progression, suited to those with an appetite to succeed in a working environment where every day is different. They recruit roles in FMCG across all their specialism’s; from buying and merchandising to supply chain, FMCG brands thrive on consumer loyalty so they also invest a great deal in being recognized as employer brands thrive on consumer loyalty so they also invest a great deal in being recognized as employer brands who value their people. This makes FMCG an extremely rewarding career choice. There are several job opportunity available in FMCG companies with various different job profiles such as of a sales representative, sales manager, area sales manager, Zonal manager, communications manager etc. getting such jobs in London demands you to have a strong general education and communication skills at the entry level, and as you move up, it also requires you to have some managerial knowledge and experience. FMCG Recruitment Agency in India gives services in many sectors.
The FMCG industry is dynamic and diverse, and one that offers a wealth of career opportunities. FMCG products cover household items bought in the supermarket and pharmacy on a daily basis. Additionally, they include plastic goods, consumer electronic electronics, stationery, restaurant and pub foods, newspapers, books, and magazines. It encompasses a huge range of products and services in manufacturing, distribution and retailing. People always need food, drink and other FMCG items, so the industry will always have jobs to offer. The industry offers graduates an exciting career in an innovative, constantly evolving arena where you can see the results of your work on shop floors around the world. This service-oriented approach to the role means that employers recognize that their staff is their most important asset. They get involved in all areas of the business and are therefore able to offer a rich variety of roles and challenges. Best FMCG Recruitment Agency in India provides placement support.
Recruitment is the process of actively seeking out, hiring and finding candidates for a specific position or job. The recruitment definition includes the entire hiring process, from inception to the individual recruit’s integration into the company. An efficient recruitment process is an organization specific sourcing model that aims to find the right fit for the right time. It is a step-by-step approach to bringing in talented people who can help the company grow. An all-inclusive recruitment process has 5 key phases but may vary from company to company depending on the business vertical, size of the company, organizational structure, and existing recruitment workflow and selection process. They control the process and manage risk, enabling you to employ the highest caliber candidates. Top FMCG Recruitment Agency in India that support in consultancy and recruitment both. They specializes in the appointment of permanent and interim commercial and operations professionals for national and international FMCG, consumer products and consumer services companies. They recruit disciplines ranging from marketing, sales, supply chain & procurement, engineering & manufacturing, finance, HR and general management/executives.
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Surya Food And Agro Share Price on an Upward Trajectory
Introduction
In recent market activity, the Surya Food And Agro Share Price, a prominent player in the food industry, has experienced a notable surge, signaling an upward trajectory. This surge has attracted attention from investors and industry analysts, prompting a closer examination of the factors driving this upward movement in the Surya Food And Agro Share Price. Surya Agro and Foods stands as a stalwart among the biscuit manufacturers in India, boasting a rich legacy of 39 years in the business of crafting and distributing biscuits. Renowned for their high-quality products, Surya Agro and Foods have carved a niche for themselves in the market.
Under the well-known brand name "Priyagold," Surya Agro and Foods have garnered widespread recognition. Their trademarks, "Hak Se Maango" and "Priyagold," have emerged as formidable brands within the fast-moving consumer goods (FMCG) sector, symbolizing trust and quality.
Diversification lies at the heart of Surya Agro and Foods' operations, with a broad portfolio of biscuits spanning various categories including cookies, cream biscuits, glucose biscuits, crackers, digestive biscuits, and more. Additionally, the company offers a range of diversified products such as cakes, confectioneries, and beverages, catering to diverse consumer preferences.
Across its product spectrum, Surya Agro and Foods boast strong brands, including Priyagold, Butter Bite, CNC, Snacks Zig Zag, and Marie Lite. With a daily production capacity of 900 tons, the company ensures a consistent supply of high-quality biscuits to meet consumer demand.
Expanding beyond biscuits, Surya Agro and Foods diversified into the manufacturing of fruit juices through its wholly owned subsidiary, Surya Fresh Foods Ltd., in January 2006. Operating under the brand names "Fresh Gold" and "Treat Juices," these fruit juices have garnered significant traction in the market.
In 2008, Surya Agro and Foods ventured into the chocolate segment with the launch of "Snakker" chocolates, which swiftly gained popularity and attained market leadership. Their latest offering, Snakker Choco-Wafer, has quickly become one of the best-selling chocolate wafers in India, further solidifying the company's position in the confectionery market.
With eight manufacturing units strategically located in Greater Noida, Lucknow, Haridwar, Gwalior, and West Bengal, Surya Agro and Foods ensure efficient production and distribution of its products. Moreover, their products are now sold in over 20 countries, underscoring their global presence and status as a leading player in the industry.
The Surge in Share Price
In a series of recent trading sessions, Surya Food And Agro's share price has witnessed a significant surge, surpassing previous records and exceeding market expectations. This surge can be attributed to several key factors, including strong financial performance, strategic initiatives, and favorable market sentiment towards the food and agro industry.
Robust Financial Performance
One of the primary drivers behind the surge in Surya Food And Agro's share price is its robust financial performance. The company has reported impressive revenue growth and profitability, driven by its diverse portfolio of food products and efficient operational management. Investors have responded positively to Surya Food And Agro's strong financial results, contributing to the increased demand for its shares.
Strategic Initiatives
Additionally, strategic initiatives undertaken by Surya Food And Agro have played a crucial role
in driving up its share price. The company has implemented various measures to enhance its market presence, including expanding its product offerings, investing in research and development, and forging strategic partnerships. These initiatives have bolstered investor confidence in Surya Food And Agro's long-term growth prospects, contributing to the surge in its share price.
Favorable Market Sentiment
The overall positive sentiment towards the food and agro industry has also contributed to the upward trajectory of Surya Food And Agro's share price. With increasing consumer demand for high-quality food products and a growing emphasis on health and wellness, investors have shown a keen interest in companies like Surya Food And Agro that are well-positioned to capitalize on these trends.
Conclusion
In conclusion, the upward trajectory of Surya Food And Agro's share price reflects the company's strong financial performance, strategic initiatives, and the favorable market sentiment towards the food and agro industry. As Surya Food And Agro continues to innovate and expand its presence in the market, investors remain optimistic about its growth prospects, driving further momentum in its share price.
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Top 5 FMCG Ecommerce Excellence
In an era where convenience is king, the Fast-Moving Consumer Goods (FMCG) industry is evolving at warp speed. Traditional grocery shopping trips have been replaced by digital carts and online checkouts. The question now is, which brands are leading the charge in this digital revolution of FMCG? Allow us to guide you through this exciting landscape.
1. ITC Limited: More than just a legacy
ITC has been a household name for years, but what makes them stand out in the ecommerce space? Their online store is meticulously designed to provide a seamless shopping experience. With an intuitive UI, easily navigable categories, and real-time inventory updates, they are setting the gold standard in online FMCG shopping.
2. Snackible: Snacking made fun and easy
The Snackible website is like a theme park for snack lovers. Beyond their scrumptious offerings, their vibrant design, user-friendly layout, and interactive blog posts make for a delightful customer journey. Plus, they regularly roll out limited-time offers and subscription boxes, keeping consumers coming back for more.
3. Hindustan Unilever: The U shop – A world of choices
What sets The U Shop apart is its extensive range of products that cater to every need—be it home care, personal care, or food items. The website is equally rich in content, offering useful tips and tricks, thereby creating a resourceful hub for shoppers.
4. Evocus: The future of hydration
Evocus has chosen a specific niche—alkaline water—and has completely owned it. Their ecommerce platform makes it easy to learn about the benefits of alkaline water, compare products, and make informed choices. Their customer reviews section builds trust, making you more likely to hit that ‘Add to Cart’ button.
5. Doyen Foods: Gourmet, simplified
What we love about Doyen Foods is how they’ve simplified gourmet shopping. The website is minimalistic but effective, letting the products speak for themselves. Their easy checkout process and quick delivery options add to the overall appeal.
The Final Word
These brands aren’t just selling products; they’re selling experiences. Each of these ecommerce websites has something unique that makes them stand out in the crowded FMCG market. So next time you’re doing your online shopping, you know where to go for the best in the business.
And there you have it! The top 5 FMCG ecommerce brands that are setting new benchmarks. Whether you’re a consumer looking for quality and convenience, or a business aspiring to make it big online, these are the names to look out for.
Happy shopping!
To know more: https://binaryic.com/top-5-fmcg-ecommerce-excellence/
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Awareness, technology can help counter counterfeit products
The packaging industry has reached an alarming situation where on the one hand new technology facilitates an improved consumer experience and on the other, it enables counterfeiters to make near replicas of a product. The concerns have now reached a point where the active participation of the provider and the consumer attains much more significance, say industry stakeholders.
Packaging machine OEMs are experimenting with advanced technology to tackle this problem. With efficiency and quality assuming higher significance than ever before, the packaging industry is now focusing on scalable, high-performance automation solutions to deal with counterfeits.
Sudeep Goenka, director of Goldiee Group, a spice maker, said, “Awareness must be created among the consumers as well as the solution providers. The problem with counterfeit products is that it is possible to replicate packaging. Enhancement in traceability is a solution — QR codes, monograms, labels, and barcodes.”
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The Hindu reported about counterfeit medicines of leading manufacturers such as Sun Pharmaceutical, Alkem, Cipla, Glenmark, GSK, Abbott, Novartis, Dr. Reddy’s and Aristo. The fake drugs that included Augmentin, Pan-D, Pantocid DSR, Urimax-D, Clavam were seized from unlicensed premises in Kolkata in August.
In June, five people were arrested for allegedly making and selling counterfeit dairy products of Amul. Police recovered materials that included ghee, butter, and packaging items from Noida Sector 70, media reports said.
Sanjay Gupta, vice-president of FMCG conglomerate DS Group, which has a presence in food and beverage, confectionery, hospitality, agri, luxury retail, etc, said reacting when counterfeit products are found is of little value.
“Industry professionals need to act beforehand to influence a better brand impact – safeguarding the trust of the consumer. A counterfeit department needs to be established in all segments of the industry. It has to be functional at every step, right from transit to when the product reaches the end consumer,” Gupta said.
An advanced ecosystem to prevent counterfeits is the need of the hour, said Sanket Randive, head of corporate quality assurance of leading multinational Marico. “A behavioral change needs to be implemented. The option of tracing the product by scanning a QR or a bar code has been there for ages. Being a consumer myself, I don’t scan the codes. If I purchase a pack of Surf, I am simply assured that I have a pack of Surf when needed. That would need to change. The profit margins dwindle due to counterfeits and delayed reaction adds to the waste of time and money.”
Counterfeit goods are made widely in Russia, North Korea, Taiwan, Bulgaria, and Turkey. Turkey is responsible for 3.3% of the world's counterfeit goods, according to the Organisation for Economic Co-operation and Development (OECD). Some counterfeits are allegedly produced in the same factory that produces the original, authentic product, using inferior materials.
A United States Senate Committee on Armed Services report regarding counterfeit electronic parts in the defense supply chain highlighted in an investigation in March 2011 that 1,800 cases of suspected counterfeit components were in use in over one million individual products". A 2012 report found that counterfeit parts came overwhelmingly from China.
According to Yogesh Kapur, executive vice-president of the holography business of Noida-based packaging giant Uflex, technology can be the answer.
The company, Kapur says, provides services and solutions by leveraging the best technology, in-house production, and an R&D division for each of UFlex’s processes. India is becoming a preferred supplier for global buyers of products, including anti-counterfeiting and brand-building solutions, he said.
“India is at the cusp of growth. From what we can see, a lot of global companies are trying to be a part of it. UFlex is well-positioned to tap this growing market with its country-wide footprint, by providing the latest technology for anti-counterfeiting, and brand recognition,” Kapur said in an interaction with Packaging South Asia.
“Global providers, when they come to India, are concerned about their IP because of counterfeiting. This is where UFlex holography anti-counterfeiting and branding solutions come in and ensure that their IP is protected and genuine products reach their (brand owners’) customers.”
In fact, traceability and authentication were the key focus of The Authentication Solutions Providers Association (ASPA) meeting in Delhi in July, where members and all stakeholders gathered to gain first-hand collaborative knowledge of anti-counterfeiting and traceability technologies, solutions, and systems.
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