Around 40% of all FMCG consumption in India to take place through online channels by 2030: Report
By
Binu Mathew
New Delhi [India], August 25 (ANI): India’s fast-moving consumer goods (FMCG) industry is undergoing a major transformation, with online channels expected to account for 40 per cent of all FMCG consumption by 2030, according to a report by RUBIX.
The report highlighted that this change is being significantly driven by the rise of quick commerce, especially in urban areas.
It stated, “By 2030, 40 per cent of all FMCG consumption in India is expected to take place through online channels”.
