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IJNRD
INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
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Paper Title: Issues and Opportunities of the FMCG Sector in the Indian Rural Market
Authors Name: Dr. Ranu Kumar , Ms Anisha , Ms Satinderbir kaur Arora , Mr. Bhavi Bhatia , Ms Kanika Mittal
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IJNRD_185966
Published Paper Id: IJNRD2301136
Published In: Volume 8 Issue 1, January-2023
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Abstract: A key component of the Indian economy is the FMCG industry. Over the past fifty or so years, the Fast Moving Consumer Goods (FMCG) industry in India has started to take shape. Every area of human life has been impacted by this industry. The organized sector and the unorganized sector have long separated the Indian FMCG market. The FMCG business in the US is dominated by a small number of multinational companies, but India's sector, which is of Rs. 460 billion, is still quite fragmented, with around half of sales being contributed to unbranded, unpackaged, home-made goods. This creates a huge potential for manufacturers of branded goods who can persuade customers to purchase branded goods. The rural market markets have gained importance in recent years as a result of the increase in the purchasing power of rural consumers brought about by the overall growth of the economy. Due to the green revolution, rural communities are consuming a lot of produced goods from both urban and industrial sources.
Keywords: Rural market, FMCG product, Rural Consumer,
Cite Article: "Issues and Opportunities of the FMCG Sector in the Indian Rural Market", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 1, page no.b306-b316, January-2023, Available :http://www.ijnrd.org/papers/IJNRD2301136.pdf
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ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publication Details: Published Paper ID:IJNRD2301136
Registration ID: 185966
Published In: Volume 8 Issue 1, January-2023
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Page No: b306-b316
Country: Ludhiana, Punjab, India
Research Area: Management
Publisher : IJ Publication
Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2301136
Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2301136
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ISSN: 2456-4184
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