Indian FMCG firms report high demand for sanitizers amidst second wave
Category: #headlines  By Nikita Chaurasia  Date: 2021-04-23
  • shareshare_icon
  • Twitter
  • Facebook
  • LinkedIn

Indian FMCG firms report high demand for sanitizers amidst second wave

India’s leading FMCG companies such as ITC Limited, Patanjali Ayurved, and The Himalaya Drug Company have reported high demand for their health and hygiene products recently.

The demand for sanitization tools such as hand wash, hand sanitizers, disinfectant sprays, and germ protection wipes has risen exponentially as the second wave of the COVID-19 pandemic sweeps across the country.

For the record, the consumption of these health & hygiene products had decreased in the past few months, as India had managed to flatten the curve of the first wave. However, an alarming increase in the number of Coronavirus cases over the past few weeks has boosted demand for health and hygiene-related products.

As a result, well-known FMCG industries ITC Limited, Patanjali Ayurved, and The Himalaya Drug Company have decided to increase their respective production capacities to cater to the growing consumer demand.

Sameer Satpathy, ITC’s Divisional Chief Executive (Personal Care Products) reportedly stated that the company has been experiencing a substantial demand for their hygiene products in some parts of the country. ITC, being a prominent consumer goods company and comprising of efficient supply chain resources, has allowed it to address the current market demand, he added.

Meanwhile, Rajesh Krishnamurthy, Business Director (Consumer Products Division) at Himalaya Drug Company mentioned that the firm did not expect the country to be hit by a second wave. He further claimed that the group is focusing on improving its logistics processes, sales, and production capacities to cater to the recent market trends.

Several companies which are not from this business sphere are also focusing on supplying essential products to counter the second pandemic wave. For instance, automobile manufacturer MG Motors India has partnered with Gujarat’s Devnandan Gases to enhance the production of medical oxygen.

Source Credits –

https://www.financialexpress.com/industry/fmcg-players-see-spike-in-demand-of-hand-sanitisers-disinfectants-as-covid-19-cases-surge/2237510/

 

  • shareshare_icon
  • Twitter
  • Facebook
  • LinkedIn


About Author

Nikita Chaurasia     twitter

Nikita Chaurasia

Having always been daft at wordplay, Nikita Chaurasia, post the completion of post-graduation, commenced her journey into the content generation cosmos. Endowed with a professional MBA degree in Advertising and Public Relations, Nikita strives to integrate her creativ...

Read More..

More News By Nikita Chaurasia

U.K.’s competition regulator might look into the music streaming space

U.K.’s competition regulator might look into the music streaming space

By Nikita Chaurasia

The Competition and Markets Authority of the U.K. has revealed plans to launch a probe targeting the country’s music streaming market to ascertain if it is sufficiently consumer-centric and competitive. The announcement came after a U.K. parli...

India’s vaccination drive slows down as dose gap holds back output

India’s vaccination drive slows down as dose gap holds back output

By Nikita Chaurasia

India’s vaccination efforts have reportedly slowed down despite stockpiling vaccines as authorities are maintaining a more than usual gap between two shots. This is a part of the strategy to boost vaccine coverage in the country. The domestic ...

McDonald’s to test McPlant meatless burger at eight U.S. restaurants

McDonald’s to test McPlant meatless burger at eight U.S. restaurants

By Nikita Chaurasia

The McPlant patty is developed in collaboration with Beyond Meat Inc. It will be prepared using vegetarian ingredients like peas, potatoes, and rice. McDonald’s will reportedly start offering its first vegetarian option in the U.S., the ne...