Articles for tag: Acquisition, Adani, Billion, Drive, Expansion, Eyes, FMCG, Sector, Wilmar

Market News

Adani Wilmar Eyes Expansion:  Billion Acquisition Drive in FMCG Sector

Adani Wilmar Eyes Expansion: $1 Billion Acquisition Drive in FMCG Sector

Adani Wilmar is set to enhance its presence in India’s packaged consumer goods Market with plans to acquire three food companies, backed by a $1 billion acquisition fund. This strategy focuses on brands that specialize in spices, ready-to-cook foods, and packaged edibles, aiming to increase revenue from consumer sectors to 25-30%. The company has already ...

Market News

Toyota Soars 35% in August as SUVs Drive Sales Surge

Toyota Soars 35% in August as SUVs Drive Sales Surge

Toyota Kirloskar Motor has reported a remarkable 35 percent increase in total wholesales for August, reaching 30,879 units compared to 22,910 units the previous year. The surge is attributed to strong demand, particularly for SUVs and MPVs, as consumer interest grows during the festive season. This trend is not only seen in urban areas but ...

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