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http://hdl.handle.net/2259/381
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| Title: | Social Changes and the Growth of Indian Rural Market : An Invitation To FMCG Sector |
| Authors: | Mano Raj, S John
Selvaraj, P |
| Keywords: | Fast Moving Consumer Goods
Indian Economy
Marketing Strategy |
| Issue Date: | 10-Apr-2007 |
| Publisher: | Indian Institute of Management Kozhikode |
| Abstract: | The Fast Moving Consumer Goods (FMCG) sector is a corner stone of the Indian economy. This
sector touches every aspect of human life. The FMCG producers now realize that there is a lot of opportunity for them to enter into the rural market. The sector is excited about the rural population whose incomes are rising and the lifestyles are changing. There are as many middle income households in the rural areas as there are in the urban. Thus the rural marketing has been
growing steadily over the years and is now bigger than the urban market for FMCGs. Globally , the FMCG sector has been successful in selling products to the lower and middle income groups and the same is true in India. Over 70% of sales is made to middle class households today and
over 50% of the middle class is in rural India. The sector is excited about a burgeoning rural population whose incomes are rising and which is willing to spend on goods designed to improve lifestyle. Also with a near saturation and cut throat ... |
| Description: | PART II – CO-OPERATIVE, RURAL & BOP MARKETING|Pages 103-110| |
| URI: | http://hdl.handle.net/2259/381 |
| Appears in Collections: | Conference Proceedings
International Conference on Marketing and Society
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Files in This Item:
| File |
Description |
Size | Format |
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| 103-110.pdf | | 145Kb | Adobe PDF | View/Open |
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