The vastly growing Fast Moving Electrical Goods (FMEG) sector finds its footing right today, as digitization has extensively penetrated the industries and the world is overwhelmingly pushing over the demands created by the growing middle-income households and rapid urbanisation. The rising demography is loudly pronouncing the expansive growth that this industry is observing as the consumption of electrical goods is on hype.

There’s no doubt that the competition is fiercely growing amongst the players of this fast growing sector. According to Technavio’s analysis, the sector has been booming promisingly. Indian electrical equipment market size is estimated to grow at a CAGR of 11.68 percent between 2022 and 2027, accounting to value around $52,975.77 million. Also, as there are numerous brands thriving and emerging in the sector striving to address the basic to comfort emphasized needs of the consumers in the current times, affecting their lifestyle in a significant way be it kitchen or other home appliances or more, it is required or becomes challenging to choose one.

We through our current edition, ‘Fast Moving Electrical Goods Brands in India – 2023’ want to put forth a stance that the key players in this sector have created through their brand statement offering quality products. Our research aims to provide a concise report on the in-demand FMEG Brands by hyperlocal Indias, and let people choose the best.

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