India’s leading retail chains, including Reliance Retail and DMart, added 2,182 stores in FY26, the highest in three years. The expansion is linked to recovering demand, recent tax cuts, and a shift in preference toward organised retail—especially in smaller towns—suggesting momentum is building across the sector.
Dabur India expects further price hikes in Q1 FY27, citing persistent inflationary pressure, especially on packaging materials linked to Middle East tensions. The company has already implemented a 4% increase. Other FMCG players like HUL are also seeing higher component and packaging costs, suggesting margins could stay under strain even as demand shows signs of recovery.
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