According to Venture Intelligence data, this is the highest figure in the domestic FMCG sector in the last four years.
In January this year, Tata Consumer Products announced the acquisition of 100 per cent stake in Organic India, a FabIndia-owned business that sells teas, infusions, herbal supplements and packaged foods, for Rs 1,900 crore in an all-cash deal.
The announcement comes shortly after the company announced the purchase of 100 per cent stake in Capital Foods, which markets its products under the Ching's Secret and Smith & Jones brands, in an all-cash deal worth Rs 5,100 crore.
Private equity (PE) and venture capital (VC) deals in the fast-growing FMCG sector reached $593 million in the first half of the year.
According to another report this week, FMCG sector revenues in India are projected to grow 7-9 per cent this financial year (FY25) on the back of higher volume growth, revival in rural demand and steady urban growth.
According to a CRISIL Rating study of 77 FMCG companies, growth in FY2025 is in line with an estimated 5-7 per cent growth in FY2024, which was about a third of the sector revenue estimated at Rs 5.6 lakh crore last fiscal.
Higher government spending on rural infrastructure, primarily through the Pradhan Mantri Awas Yojana-Gramin (PMAY-G) for affordable houses, will help lead to higher savings in rural India, supporting their higher spending power.
In January this year, Tata Consumer Products announced the acquisition of 100 per cent stake in Organic India, a FabIndia-owned business that sells teas, infusions, herbal supplements and packaged foods, for Rs 1,900 crore in an all-cash deal.
The announcement comes shortly after the company announced the purchase of 100 per cent stake in Capital Foods, which markets its products under the Ching's Secret and Smith & Jones brands, in an all-cash deal worth Rs 5,100 crore.
Private equity (PE) and venture capital (VC) deals in the fast-growing FMCG sector reached $593 million in the first half of the year.
According to another report this week, FMCG sector revenues in India are projected to grow 7-9 per cent this financial year (FY25) on the back of higher volume growth, revival in rural demand and steady urban growth.
According to a CRISIL Rating study of 77 FMCG companies, growth in FY2025 is in line with an estimated 5-7 per cent growth in FY2024, which was about a third of the sector revenue estimated at Rs 5.6 lakh crore last fiscal.
Higher government spending on rural infrastructure, primarily through the Pradhan Mantri Awas Yojana-Gramin (PMAY-G) for affordable houses, will help lead to higher savings in rural India, supporting their higher spending power.
