Roosevelt Dsouza of NielsenIQ discusses FMCG trends, emphasizing rural-urban gap. Growth driven by small pack preferences and personal care in rural areas. CEOs review Nielsen report. India awaits rural recovery. Consumer behavior shifts to volume growth. Categories perform differently. Dsouza says there are certain categories where one can see K-shaped growth with some categories moving up and some going down.
Global Market: South Korea’s Elice shares plunge 28% in market debut as data centre stocks shunned
Elice, which raised 201.1 billion won ($150 million) in its IPO, provides AI cloud services as well as AI-based education and business software and plans