Tata Consumer Products increases the rapid commercial strategy between the growing market trends, et Bredequity

Quick trade is about to remodel the activity of consumer goods in the future, said PB Balaji, non -executive director of the FMCG Tata Consumer Products Ltd company.By contacting the shareholders during the 62nd annual annual meeting of the company that was held virtually on Wednesday, Balaji said that the company has strengthened its execution on emerging channels with the contribution of E -Commerce which increase more than five times enabled by exponential growth in rapid trade.

“While we look to the future, we are deepening our attention to rapid trade, pharmacy and food services as high emerging channels,” he said.

Balaji chaired the AGM in the absence of Tata consumable products President and President of the children Tata N. Chandrasekaran.He said that health and premium are trends that will continue for food and staples.

Balaji said that the company is browsing through a world that is both dynamic and demanding. “Geopolitical uncertainties, changes in global supply chains, progress in generative artificial intelligence and climatic events continue to test corporate resilience,” he said.

He said that artificial intelligence is quickly transforming any function, from the forecast of demand and in the generation of content to the optimization of the inventory and to the intelligence of prices.

Tata Consumer Products recorded a growth of consolidated net profits of 6% of year to year to reach 1,287 Crore in exercise 25, while the revenues grew by 16% on an annual basis to reach RS 17,618 crores.

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