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Fast-moving consumer goods

Fast-moving consumer goods, also known as consumer packaged goods, are products that are sold quickly and at a relatively low cost. Examples include non-durable household goods such as packaged foods, beverages, toiletries, candies, cosmetics, over-the-counter drugs, dry goods, and other consumables

Fast moving consumer goods have a high inventory turnover and are contrasted with specialty items which have lower sales and higher carrying charges.

Many retailers carry only FMCG's, particularly hypermarkets,big-box stores and warehouse club stores. Small convenience stores also stock fast moving goods; the limited shelf space is filled with higher turnover items.

Consumers in rural areas typically purchase goods from nearby towns and villages. Recently, there has been a shift in consumer purchase behavior towards purchasing locally that has prompted the need for better local promotional efforts to generate brand awareness in small towns. FMCG's play a large part in the economy, as they are inelastic products that touch every part of consumer life. Businesses that supply FMCG's to a rural community can help provide employment opportunities and drive down the cost of such products in those rural areas. For instance, FMCG's represent the fourth-largest sector in the Indian economy and generate employment for more than three million people in downstream activities.

Electronic-Electric

Electronics can be referred to as the daily electronic appliances which we use in our daily life. These goods are not limited to Television, Cellphones, Smartwatches, Computers, and Audio Devices. It can also be described as consumer electronics or home appliances. They are divided into four categories which are Home/Office Devices, Communication Devices, Entertainment Devices, and Kitchen Appliances.

Whereas Electric items are different they can be described as Fans, Tubelights, Bulbs, etc. Also, the devices which are used to flow the electricity comes under the category of Electric Goods.

Britishers used to divide these four categories for their understanding of doing business. It also helps them to make a count of the devices which are sold. They segregated them into White Goods, Black Goods, and Brown Goods. The devices which fall under the category of communication, recreation, and entertainment fall under the Black Goods, The devices which are used for Home solutions for example Washing machines they fall under the White Goods. Last but not least the broadcasting electronic devices come under the category of Brown Goods.

The Annual sales of consumer electronics are expected to reach $2.9 trillion by 2020 and this is the fastest-growing sector.

Automotive

The automotive industry includes a wide range of companies and organizations which are involved in the design, development, manufacturing, marketing, and selling of vehicles. It is also known as the world's largest industry by revenue. The automotive industry excludes industries that are dedicated to the maintenance of automobiles, such as automobile repair shops and Fuel filling gas stations.

The term Automotive was proposed by famous American Inventor and Entrepreneur “Elmer Sperry”. “Automotive is a mixture of Greek words Autos and Motivus”. The combination of words means self and motion which refers to the form of a self-powered vehicle.

Early car manufacturing involved a human worker which assembles the car manually. The process of car making had evolved earlier, engineers used to work on a stationary car. Now it has changed to a conveyor belt system where the car passed through multiple stations of more specialized engineers. The Starting of the machinery had left the human assembly unit far away. In the 1960s, robotic equipment was introduced to the car-making process, and today most of the cars are produced largely with automated machinery.

Famous countries that produce cars in masses are the U.S.A, U.K, Germany, Japan, and France. India overtakes Germany and now is in the 4th position for Automobile manufacturers.

Agriculture

In India Agriculture industry reached a value of INR 63,506 Billion in 2020. It represents an important part of the Indian economy. It contributes to the GDP and also generates sources of employment. Currently, this sector presents a lot of opportunities, with India presently one of the world’s largest agricultural producers by value.

For the past few decades, we can see the number of transformations which includes - penetration rise in the

organized sector, contract farming growth. Agriculture now becomes more organized due to easy loan facilities, the rise of exports, the use of agrochemicals, and high-yielding seeds. Also the role of the private sector increases in processing, branding, and marketing, etc. With an increase in the population, the need for various agricultural products also increased significantly. This rise has evoked the farmers to adopt new technologies and methods in dairy, fisheries, and livestock in order to fulfill the diversified food needs of the masses. More than 50% of India’s population is dependent on agricultural products which leads to the promotion of the market. India is the most bio-diverse country in the world. Our country has various types of climatic conditions and soil types that are suitable for cultivating a large number of cereals, fruits, vegetables, flowers, cash crops, etc. The rise in GDP has impelled the agriculture market both in the favour of the producer as well as the consumer. It has motivated farmers to invest more in advanced agricultural infrastructure such as irrigation facilities, quality seeds, equipment, fertilizers, warehousing, cold storage, etc.

Stationary - Toys

The toys industry in India is at a booming stage right now, especially after the Covid-19 wave which resulted in schools being shut for the longest and classes being shifted to the virtual platform, the demand for toys has increased although it's true that the stationery industry is finding very few takers as compared to the Toys industry because of a new model of the education system which has replaced notebooks with laptops and pens with the

mouse, according to a survey a sharp inclination in sales was observed in the Toys industry but on the other hand a decline was observed in the stationery industry, although now a revival has begun it isn't contributing much and will take some more time. If we talk about the market leaders of the stationary industry companies like ITC and Faber castell have seen huge losses in this category from last years quarters, whereas companies like Funskool who are considered as the market leader in the toy manufacturing industry have seen peak sales during the summer of 2020 and 2021, despite toys not being considered as one of the essentials, E-commerce websites have seen great sales, Funskools E-commerce sales have gone up from 18-20%, The pandemic has made the market leaders come up with new and innovative product ideas to sustain their position in the market, slowly but surely this industry will be contributing in the economic growth in the years to come because toys aren’t just meant for playing they add values to a child’s life and one can learn and expand his creativity while playing.

Pipes- Cement

As we all know Asbestos Pipe better known as cement pipes or transite pipe is a vessel that is used to enhance the mechanical strength and properties, it is tubular in shape and is used as a transportation vessel, it has been commonly used to transport gases, wastewater and fumes, one of the main attributes of Asbestos pipe apply to sanitary, and culverts. For different purposes there are different Asbestos cement pipes, these pipes are made

of cement reinforced by 12-15% chrysotile, these pipes are further divided into 3 types:Non-Pressure Pipe is generally used in chimneys, drainage, and construction fencing.Pressure Pipe which is available for transportation of drinking water, garbage disposal, and other water supply-related work, these pressure pipes are available in various diameters such as 100, 200, up till 5000 mm.

The third type of Pipes is Cable protective pipes, they are characterized by good heat dissipation, they are alkali and acid resistant, such pipes when laid under the surface get hardened and their strengths get increased because of which their service period can reach till 100 years.

If we talk about their value then the future of the concrete pipe market in India is really good as with great opportunities in the drainage and irrigation sector, this industry is quite promising as even the residential and non-residential construction contributes to the sales of this industry.If we study the reports then according to Lucintel forecasts concrete pipe is going to be one of the largest segments and it is going to witness the highest growth due to its strength and durability.

Bathware-Tiles

Bathware-Tiles or ceramic tiles are made up of clays, sand, quartz, and water, Such tiles are usually used in bathroom and kitchen walls, restaurants, and even offices, according to research, the majority of people chooses ceramic tiles because they are easy to clean, fits perfectly and are available at affordable prices, according to scientific benefits of ceramic they have good strength and can withstand very high temperatures that's why people prefer floor tiles, kitchen tiles of ceramic.

According to recent reports, the demand for ceramic tiles is increasing because of the growth in the construction and infrastructure industry. The global demand for ceramic tiles industry is valued at around 70 billion USD. Because of residential buildings and urbanization, this industry has seen growth.

The Indian Industry has already developed an export market, in the volume, it has less than half a percent market share, although it's true to make an inference that we have major competitors in the exporting market already the point is because the industry has a huge scope and the market is growing rapidly we have a future in it. It is evident that such tiles are hygiene products and basically ceramic tiles are considered to be a utility product which means the usage of such product is going to be there in the making of bathrooms and kitchen and other medical labs and other various centers, which is definitely going to contribute in the economy of this industry in the near future.