FMCG companies slow down

An already-struggling FMCG sector was hit hard by demonetisation. The demonetisation blow came at a time when the sector was already reeling from margin pressures and stagnating volume growth. Demonetisation further accentuated the volume decline for the sector. Here are some of the top FMCG names that are seeing the greatest volume pressure. GSK Consumer Healthcare GSK Consumer Healthcare saw its volumes decline 15 per cent in Q3FY17. The primary factor behind the volume decline was lower consumption offtake as an after-effect of the demonetisation scheme. The company is expected to see an improvement in volume growth over the next c