Images Business of Food - December 2024

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The FMCG sector in India is facing challenges like high inflation, slow urban demand, rising commodity prices, and reduced consumer spending, leading to slower growth. To overcome this, companies must embrace disruptive innovation, modernize supply chains, and adopt proactive, customer-focused strategies. Rural markets offer key insights for growth. By localizing products, offering affordable packaging, and leveraging grassroots marketing, brands can tap into rural India’s vast potential. For more, see pages 26-27.

Amid FMCG challenges, Bolas Agro, based in Udupi, Karnataka, has thrived. As India’s largest dry fruit seller under the “Bolas” brand, it dominates both domestic and international markets. A leading importer, processor, and exporter of agricultural commodities like cashews, coffee beans, and edible oils, Bolas Agro has expanded into retail, launching 76 self-branded stores and strengthening its B2C presence online and offline. For the full story on its six-decade journey of growth and innovation, see pages 28-37.

Images Business of Food Magazine Description:

IMAGES BUSINESS OF FOOD has been the voice of the food retail industry for over 80 years in the USA. Serving a wide audience in the Indian market, Progressive Grocer India's readers are top management at headquarters and top decision makers at store level. By anticipating, reporting and interpreting important data and trends, IMAGES BUSINESS OF FOOD fulfils its mission of identifying and highlighting insights and opportunity for leading grocery retailers, thereby accelerating brands and sales success for leading manufacturers