Big FMCG companies outgrow market as smaller rivals get squeezed by costs and slowing rural demand

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India's fast-moving consumer goods sector has experienced a slowdown in volume growth amid rising costs. Rural demand has weakened, impacting smaller regional manufacturers while larger companies thrive. Hindustan Unilever, Marico, and other major firms reported robust growth figures. Inflationary pressures, erratic rainfall, and supply chain issues have further complicated market conditions. Smaller players are particularly vulnerable due to their limited capacity to manage current challenges.