AI transforming FMCG sector, to lead next phase of growth: Tata Consumer

Artificial intelligence (AI) is bringing about rapid change in the fast-moving consumer goods (FMCG) sector, pushing companies to increase their digital investments, Tata Consumer’s non-executive, non-independent director PB Balaji said on Wednesday.

He was speaking at the company’s 62nd annual general meeting (AGM) held virtually on Wednesday. Balaji, 54, was the AGM chair in the absence of Tata Consumer chairman N Chandrasekaran.