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    F
    FMCG
    SECTOR | 21 Mar 2023

    Distribution-driven growth opportunity (which is rare) in Nestle, Britannia, Jyothy Labs and Mrs. Bector’s

    buy
    FMCG
    by ICICI Securities Limited
    ICICI Securities Limited
    Currently, most large staples companies have higher contribution of marketing- led (driving awareness, innovation, premiumisation etc.) initiatives in growth as compared to a few years back when sales-driven initiatives (distribution expansion, throughput improvement) were one of the major growth drivers.
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