Discretionary products for Marico include male grooming and skincare. However, in the case of Amul, the company is seeing a better offtake of smaller packs. “They are buying smaller packs; sales of 1-2kg packs are down," he said. Meanwhile, its packaged milk sales have risen sharply. Dabur India Ltd expects demand for its discretionary products to stay tepid in the near term.

Source: Mint May 11, 2021 18:33 UTC