Consumption growth to spawn many M&As in the FMCG space

India, with one of the fastest growing consumption markets in the world, is critical to the growth plans of multinational consumer companies with a presence here, more so because of the lacklustre growth in the developed markets, as reported in The Economic Times. Many multinational companies such as Nestle, Unilever, Proctor & Gamble, Kraft, Gillette and General Mills have operations in India and, over the last couple of years, several others like United Biscuits and Excelsia have also made an entry, the report adds.

Besides the organic route, these companies may explore the option of taking the inorganic route to generate more revenues from India, the report says.

Source: http://www.moneycontrol.com