FMCG represents Fast-Moving Consumer Goods which are otherwise called buyer-pressed products (CPD). These merchandises allude to the items that are sold rapidly and for the most part non-strong. It is otherwise called Consumer Packaged Goods (CPG). The instances of FMCG items are sodas, prepared nourishments, beautifiers like lip medicine, eyeliner, antiperspirants, cleansers, general utilizing items like bathroom tissue, face towel, shower cap, latrine cleaners, and over-the-counter medications, and so on
FMCG items have a short life and for the most part supplanted or sold over a brief period as a rule inside a couple of days, not many weeks, and a few months. Although the overall revenue in FMCG items is relatively low however they for the most part sold in a huge amount accordingly, the aggregate benefit is acceptable. The achievement of FMCG items generally relies upon the brand value, promoting, appropriation organization, and comprehension of customer conduct.
The FMCG business is the fourth biggest area in the Indian economy and its size is assessed to develop from US$ 30 billion out in 2011 to US$ 75 billion every 2018. It produces 5% of the complete production line work in India. The developing mindfulness, simple admittance to items, and changing ways of life are viewed as the main considerations for the development of this area.
Acronym | Full Form |
---|---|
ITC | Indian Tobacco Company |
ITC | International Trade Center |
BPL | British Physical Laboratories Group |
CST | Chhatrapati Shivaji Terminus |
CTS | Cognizant Technology Solutions |
AAI | Airport Authority of India |
ABP News | Ananda Baazar Patrika News |
ACC | Associated Cement Companies |
ACS | American Chemical Society |
ADIDAS | Adolf "Adi" Dassler |
AHRC | Asian Human Rights Commission |
AIAAA | American Institute of Aeronautics and Astronautics |
AMC | American Motors Corporation |
AMUL | Anand Milk Union Limited |
AMW | Asian Motors Works Limited |
AT&T | American Telephone & Telegraph Company |
AYUSH | Ayurvedic, Yoga, and Naturopathy, Unani, Siddha, and Homeopathy |
BARC | Baba Atomic Research Center |
BBC | British Broadcasting Corporation |
BCCI | Board of Control for Cricket in India |
BIFR | Board of Industrial and Financial Reconstruction |
BIS | Bureau of Indian Standards |
BMW | Bayerische Motoren Werke |
BPO | Business Process Outsourcing |
CBSE | Central Board of Secondary Education |
CEO | Chief Executive Officer |
CID | Crime Investigation Department |
CISF | Central Industrial Security Force |
CRISIL | Credit Rating Information Services of India Limited |
WWF | World Wide Fund for Nature |
WWF | World Wrestling Federation |
WIPRO | Western India Products |
CRPF | Central Reserve Police Force |
DHL | Dalsey Hillblom Lynn |
DIG | Deputy Inspector General |
DLF | Delhi Land and Finance |
DRDO | Defence Research and Development Organization |
DS Group | Dharampal Satyapal Group |
DST | Department of Science & Technology |
DVC | Damodar Valley Corporation |
EPFO | Employee Provident Fund Organization |
ERP | Enterprise Resource Planning |
FBI | Federal Bureau of Investigation |
FCI | Food Corporation of India |
Global Organization of Oriented Group Language of Earth | |
FIFA | Federation Internationale de Football Association |
LG | Lucky Goldstar |
OEM | Original Equipment Manufacturer |
FSSAI | Food Safety and Standards Authority of India |
GAIL | Gas Authority of India Limited |
HP | Hewlett-Packard |
HUDCO | Housing and Urban Development Corporation Limited |
IATA | International Air Transport Association |
IB | Intelligence Bureau |
IBM | International Business Machines |
IBPS | Institute of Banking Personnel Selection |
ICWA | Indian Child Welfare Act |
ICWA | Institute of Cost and Works Accountants of India |
IEEE | Institute of Electrical and Electronics Engineers |
IFFCO | Indian Farmers Fertilizer Cooperative Limited |
IIFL | India Infoline Finance Limited |
IIT | Indian Institute of Technology |
WEF | World Economic Forum |
USSR | Union of Soviet Socialist Republics |
UNICEF | United Nations Children's Fund |
UGC | University Grants Commission |
TOI | Times of India |
TAFE | Tractors and Farm Equipment |
SWAT | Special Weapons and Tactics |
SOS | Save Our Souls |
SAP | systems, applications, and products |
RAW | Research and Analysis Wing |
PVR | Priya Village Roadshow |
ONGC | Oil and Natural Gas Corporation |
NTPC | National Thermal Power Corporation |
NSDL | National Securities Depository Limited |
NDTV | New Delhi Television |
NCERT | National Council of Educational Research and Training |
NCC | National Cadet Corps |
NATO | North Atlantic Treaty Organization |
NASA | National Aeronautics and Space Administration |
NABARD | National Bank for Agriculture and Rural Development |
NAAC | National Assessment and Accreditation Council |
MTNL | Mahanagar Telephone Nigam Limited |
MPEG | Moving Picture Experts Group |
LIC | Life Insurance Corporation of India |
L&T | Larsen and Toubro |
KRA | Key Result Area/Key Responsibility Area |
KPMG | KLYNVELD PEAT MARWICK GOERDELER |
KFC | Kentucky Fried Chicken |
KEI | Krishna Electricals Industries Limited |
JK Tyres | Juggilal Kamlapat Ji Tyres |
JBL | James Bullough Lansing |
ITI | Industrial Training Institute |
ISRO | Indian Space Research Organization |
ISO | International Organization for Standardization |
ISI | Indian Standards Institute |
IRCTC | Indian Railways Catering and Tourism Corporation |
IPI | International Press Institute |
IPCC | Integrated Professional Competence Course |
IOC | International Olympic Committee |
IMA | Indian Military Academy |
IMA | Indian Medical Association |
IL&FS | Infrastructure Leasing & Financial Services |
NCRTC | National Capital Region Transport Corporation |
UPI | United Press International |
UIDAI | Unique Identification Authority of India |
PPP | Public-Private Partnership |
ANM | Auxiliary Nurse Midwife |
ASEAN | Association of Southeast Asian Nations |
KPO | Knowledge Process Outsourcing |
POS | Point Of Sale |
CCC | Civilian Conservation Corps |
SOP | Standard Operating Procedure |
CFO | Chief Financial Officer |
PMF | Presidential Management Fellows Program |
IRDP | Integrated Rural Development Programme |
PFMS | Public Financial Management System |
CMS | Centers for Medicare and Medicaid Services |
CFT | Combating the Financing of Terrorism |
AIIMS | All India Institute of Medical Science |
BRICS | Brazil, Russia, India, China and South Africa |