Adani Wilmar Bets on Urban Revival and Quick Grocery Delivery to Boost Growth

Adani Wilmar is set to achieve 10% sales growth by tapping into urban revival, quick grocery delivery apps, and tax cuts.

Matilda

Adani Wilmar Bets on Urban Revival and Quick Grocery Delivery to Boost Growth

India's consumer goods sector is experiencing significant shifts as businesses adapt to evolving market demands, and one company that's positioning itself at the forefront of this transformation is Adani Wilmar. With its strategic focus on the growing urban consumer market and the rise of 10-minute grocery delivery apps, Adani Wilmar is set to leverage these trends to achieve ambitious growth targets in the coming years. A Vision for Urban Revival Adani Wilmar, known for its leading food and edible oil products such as the famous 'Kohinoor' rice and 'Fortune' cooking oil, is banking on the revival of urban demand to propel its growth. According to CEO Angshu Mallick, the company expects its sales volumes to rise by approximately 10% in the next fiscal year, driven primarily by two key factors: the booming demand for rapid grocery deliveries and a surge in consumer spending due to recent tax cuts in India. The Power of Tax Cuts and Increased Disposable Income A majo…

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