Minimalist-HUL deal is likely to pave the way for further consolidation, as FMCG players increasingly seek innovative, ...

FMCG stocks were trading in red, with the BSE Fast Moving Consumer Goods index decreasing 242.46 points or 1.19% at 20063.01 at 13:46 IST.

India's packaged consumer goods grew 10.6% in Q4, driven by strong rural demand and higher staple prices, with rural markets outpacing urban consumption.