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Vishvak Side Hero Username: Vishvak Post Number: 9593 Registered: 01-2007 Posted From: 104.129.196.186 Rating: |
 Vi veri universum vivus vici | ||
Teluguhero Side Hero Username: Teluguhero Post Number: 2809 Registered: 04-2008 Posted From: 76.106.197.158 Rating: |
https://www.cnbctv18.com/videos/retail/gst-helped-in-supply- chain-effectiveness-improved-ease-of-doing-business-says-mar ico-288811.htm GST helped in supply chain effectiveness, improved ease of doing business, says Marico Oil to Oats maker Marico says the transition to GST has been a positive move for the industry. "GST has helped in supply chain effectiveness and improved the ease of doing business," said Saugata Gupta , CEO of the company, adding that "for any big transformation, there will be hiccups". Gupta said that the biggest relief for consumer goods companies is the positive momentum in sales coming in from rural India. "Sales from smaller towns, cities and outskirts contribute significantly to revenue for FMCG companies ... the monsoon has been good, the government has taken significant steps to boost rural income. we expect to see an uptake in rural consumption over the next couple of quarters," said Gupta. Marico recently signed a pledge with India's food regulator FSSAI to work towards reducing high sugar salt and fat content in packaged food products. Keeping this in mind and in a bid to promote healthy eating, Marico is working on a larger play in the foods space. |
