Jobs in FMCG
Fast moving consumer goods (FMCG) is among the top five sectors in the Indian economy. The
FMCG sector has several subsections, the three major ones being food and
beverages, healthcare, and household and personal care. These account for 19%,
31% and 50 % of the sector respectively.
The rural FMCG
market is expected to grow to US$ 220 billion by 2025 from US$ 29.4 billion in
2016. Improved distribution channels of FMCG companies have led to an increase
in demand for quality goods and services, especially in rural areas. Thus, FMCG
companies are looking to invest in energy efficient plants to benefit the
society and lower costs in the long term, in turn expanding the scope of jobs in FMCG. The urban sector, on the
other hand, has seen a spurt in the online food ordering business. With online
food delivery platforms like Food Panda, Zomato, and Swiggy growing at an
exponential pace, jobs in food are
becoming more abundant by the day. It is estimated that 40% of all FMCG
purchases in the country will occur online by 2020, making it a US$ 5-6 billion
business opportunity.
The Government
of India has proposed in the Union Budget 2017-18 to increase their spending on
the rural side of India, aiming to double the farmers’ income in five years. The
government has also considered cutting down on the income tax rate to aid small
businesses, so they can focus on infrastructure development and expansion of
their businesses. Among these growth drivers provided by the Indian Government
for the consumer market industry is the decision to allow 100% Foreign Direct
Investment (FDI) in online retail of goods and services through the
automatic route, thus improving the fluidity of the existing businesses of
e-commerce companies operating in India.
Growing
awareness, easier access to the internet, and changing lifestyles brought upon
by the gradual modernization of the Indian society are the key growth drivers
for the FMCG market. The FMCG sector has grown by 42% in the last 5 years,
climbing from US$ 31.6 billion in early 2011 to US$ 52 billion in late 2015.
It should be
noted that like every other industry, pay for experienced individuals in
significantly higher than that of novices so it's better to get in now before
the jobs in FMCG reach a saturation
point after a couple of years. A senior apparel technician in Pune, Chennai,
Bengaluru, and Mumbai made a CTC of INR 24.64 lac per annum in 2016-17 while a
junior technician made INR 4.56 lac per annum in the same cities. A junior
R&D professional’s highest pay was recorded at INR 5.10 in NCR, a mid-level
professional’s at INR 14.38 lac per annum in Mumbai while Chennai offered the
highest pay to a senior at INR 28.75 lac per annum.
At Randstad, we
curate the best jobs in food across functions and experience levels.
With personalized attention to each candidate and cutting-edge processes, we
help you land the best jobs in FMCG. Begin your job search with Randstad
and feel the difference in your placement experience.
Source: Randstad Survey