financetom
Retail
financetom
/
Retail
/
FMCG sector saw better growth rates in Q2, says Marico chairman Harsh Mariwala
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
FMCG sector saw better growth rates in Q2, says Marico chairman Harsh Mariwala
Nov 22, 2018 10:55 AM

The fast-moving consumer goods sector (FMCG) saw a revival and saw better growth rates in the second quarter, said Harish Mariwala, founder and chairman.

"In the last two years we had two disruptions, first with demonetisation, then with GST and I think all that is behind us, Mariwala said.

Due to these disruptions, there was some impact on the supply chain, especially in the rural areas amongst the wholesalers but things have settled down now, he said.

"We have seen better growth rates in the last quarter. Hopefully, it will improve as we go forward," Mariwala added.

First Published:Nov 22, 2018 7:55 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved