India's FMCG sector poised for 7-9 percent growth rate in 2024

India's FMCG (fast-moving consumer goods) sector is expected to post a growth rate of 7-9 percent in 2024 on the back of government initiatives to stimulate consumption and create more jobs, according to a report. FMCG industry's economic footprint exceeds ₹9.1 trillion, pivotal for India's growth and job creation.