Tuesday, August 11
India is establishing itself as a critical hub for electronics manufacturing amid global companies diversifying away from traditional supply chains in China, Cristiano Amon, President and CEO at Qualcomm said at a World Economic Forum 2026 panel in Davos on Thursday.Speaking on the shifting dynamics of the global semiconductor and consumer electronics industry, Amon highlighted that India, alongside countries like Vietnam, is increasingly attracting large-scale electronics manufacturing. India is creating a manufacturing hub for electronics, which reflects a broader trend of companies seeking both economic efficiency and political risk mitigation, Amon said.Amon noted that much of the electronics production had historically moved from Japan in the 1980s to Taiwan, Korea, and later China. W
ET Intelligence Group: FMCG companies are expected to deliver mid-single-digit to low-double-digit revenue growth for the December quarter, driven by volumes, abating GST-related disruptions and stable pricing actions. Commodity trends remain benign across key inputs such as crude derivatives, palm oil and packaging materials, providing room for gross margin expansion. Resilient rural demand and portfolio premiumisation continue to be the driving force. ITC is expected to post healthy improvement in revenue and profit, led by a resilient cigarette business and steady momentum in other-FMCG and agri business. Cigarette volumes are projected to grow around 6-7%, with pricing remaining stable. The FMCG segment should deliver close to 9% revenue growth, supported by stable raw materials, premi
Mumbai: The Fast Moving Consumer Goods (FMCG) sector bore the maximum brunt of the foreign sell off in the first 15 days of 2026, dumping shares worth ₹6,128 crore in the period. Financial services and information technology stocks also witnessed outflows as overseas investors pulled ₹22,420 crore out of 19 sectors in the first half of January, as per NSDL. The foreign selling in FMCG stocks in the new year comes on the heels of ₹35,000 crore worth of outflows in 2025 - the second-highest sectoral withdrawal last year. "The FMCG sector has witnessed mostly value driven foreign outflows as these stocks typically command a high Price to Earnings (PE) of over 50 times," said Pranay Aggarwal, director and CEO of Stoxkart. "Since foreign investors are valuation sensitive, they seem to ha
