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The Market Yard in Pune is an important location for trade and commerce for wholesalers and retailers of grains and other grocery items. Home to over 1000+ businesses, it is spread over a 10 square kilometers area, at the southern end of the city.
Fast-moving consumer goods (FMCG), also known as consumer packaged goods (CPG) [1] or convenience goods, are products that are sold quickly and at a relatively low cost. Examples include non-durable household goods such as packaged foods , beverages , toiletries , candies , cosmetics , over-the-counter drugs , dry goods , and other consumables .
FMCG industry in India is expected to grow at the rate of 27.9% CAGR (Compounded Annual Growth Rate) to sum to US$103.7 billion by 2020. [1] Additionally, the rural FMCG market is projected to grow at a CAGR of 14.6% to reach US$100 billion by 2020 and US$220 billion by 2025. [ 1 ]
In terms of market capitalization, ITC is the second-largest FMCG company in India and the third-largest tobacco company in the world. [12] [13] [14] It employs 36,500 people at more than 60 locations across India. [15] Its products are available in 6 million retail outlets in India and exported to 90 countries. [16] [5]
He then moved to Pune and along with his brother Narsinha started vending milk supplied to him from Bhilawadi in Palus, Maharashtra. The business became a success in the city and in the year 1950 he bought a 500 square feet shop where he set up a new enterprise, Chitale Bandhu Mithaiwale.
IndiaMART InterMESH Ltd is an Indian B2B online marketplace, connecting buyers and suppliers.It is headquartered in Noida.The company started its operations in 1996 when Dinesh Agarwal and Brijesh Agrawal founded the website IndiaMART.com, [3] a business-to-business portal to connect Indian manufacturers with buyers.
Mumbai, the capital of Maharashtra and often described as the New York of India or Manhattan of India, [18] is the financial capital and the most populous city of India with an estimated city proper population of 12.5 million (1.25 crore). [19]
It has a sales team of over 250 staff spread across the country. It has a network of 33 C&F agents and as on 29 February 2008. It had 1,247 distributors, 142 super stockists and 3,175 sub stockists to support the sales team in India. Its distributors and sub stockists cover around 650,000 retailers in India.