The shift in consumer behaviour | Saugata Gupta of Marico Limited To ET NOW
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Consumers continue to be careful in terms of there spending. Discretionary spends are still challenged. Focus on staples, trust brands, health & hygiene & e-comm trends still in play. Actual impact on the consumers disposal income will be seen in the next 2 quarters. Focus on giving value and availability of products to the customers. Rural is expected to be in better shape than urban. Supply chain still an issue in the big cities and will take time to stabilize. Manufacturing is near normal for the company. Continue to have hand to mouth existence for stock levels. Operating with a much reduced work force. Huge opportunity in the core categories. Food, health & hygiene critical component of the growth agenda. Premiumization of personal care portfolio will take a back seat in the short term. Could see a few more launches in food & hygiene categories in the next few months, says Saugata Gupta, Marico Limited. Listen in! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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