The CII National FMCG Summit is India’s biggest conference on consumer-packaged goods (CPG). Driven by the immense support received from industry and stakeholders, the Summit has established itself as the apex forum for policy advocacy and perspective sharing for the sector and is normally attended by CEOs and CXOs of all the major CPG companies and many thought leaders in the consumer goods space every year.
The Confederation of Indian Industry (CII) is organizing the 14th edition of the CII National FMCG Summit on 11th December 2023 at Taj President, Mumbai. The theme of the Summit this year is “Re-igniting Growth”.
Driven by the immense support received from industry and stakeholders, the Summit has established itself as the apex forum for policy advocacy and perspective sharing for the FMCG Sector. The initiative envisions the creation of an enabling environment for the growth and development of the sector, while simultaneously facilitating the creation of a sustainable and environmentally sensitive FMCG ecosystem.
We are at a critical time as we look to get to the other side of 2020s. Consumer demand in India has remained steady thus far against the backdrop of an uncertain global context. However, consumer behaviors and attitudes are changing rapidly, the distribution landscape is getting complex, and newer capabilities are fundamentally disrupting business models. Winning in this reality will require remaining ahead in fulfilling consumer needs through innovations in both offerings and operating models. A fusion of past learnings and agility in light of changing consumer and market contexts will be imperative.
Over the course of the Summit, we will hear eminent leaders of the FMCG sector and beyond share their perspectives on the “mantra of re-igniting growth”. Through unique case studies, stimulating panel discussions and keynote addresses, the Summit will highlight the critical growth enablers that will ensure business continuity and drive momentum across the industry in the future.
Chairman, CII National Committee on FMCG and Managing Director, Pidilite Industries
Chairman, CII National Committee on FMCG and Managing Director, Pidilite Industries
Bharat Puri is currently the Managing Director of Pidilite Industries Ltd, having joined the Board of
Pidilite Industries Ltd as an Independent Director in 2008 and being appointed Managing Director
in April 2015. Pidilite is India’s leading manufacturer of consumer adhesives, sealants, construction
chemicals, art and craft products as well as polymer emulsions. Over the past few years, Pidilite
has emerged as one of India’s most respected consumer companies.
Bharat was at school at the Lawrence School Sanawar, graduated in Commerce from Punjab
University and completed his Post Graduate Diploma in Management (MBA) from the Indian
Institute of Management, Ahmedabad.
Starting his career with Asian Paints in 1982, he rose to eventually heading Sales and Marketing
for the company. He moved to Cadbury India as Director of Sales and Marketing in 1998 and was
appointed its Managing Director in 2002. In 2006, he was posted to Singapore in a Regional role.
He then held senior leadership positions in Sales, Marketing and General Management, at the
regional, and global level, culminating in his becoming Global President, Chocolates, Gum and
Candy, for Mondelez International. Bharat has been a successful global business leader who has
built, energised and led diverse teams across numerous geographies in both developed and
developing markets.
As a person, Bharat can be described as open, curious, fair with a strong bias for action and a
strong belief in the power of teams.
Managing Director and CEO, Godrej Consumer Products
Managing Director and CEO Godrej Consumer Products
Sudhir Sitapati is the Managing Director and CEO of Godrej Consumer Products Limited.
Prior to this, Sudhir was the Executive Director - Foods and Refreshments at Hindustan
Unilever Limited (HUL). In his 22 years at HUL, he led teams across several categories and
functions in India, Europe, South East Asia, and Africa to create significant value for the
business. Sudhir was appointed to the HUL Management Committee as an Executive
Director in 2016, making him one of its youngest ever members.
He is a past Co-chair of the CII National Committee of Food Processing and the FMCG
Committee. Sudhir was awarded the ‘Young Alumni Achiever’ by his alma mater, the
Indian Institute of Management, Ahmedabad, in 2017. He is also the author of the best-
selling book 'The CEO Factory: Management lessons from Hindustan Unilever'.
Sudhir has an MBA from the Indian Institute of Management, Ahmedabad and a B.Sc. in
Math with Economics Honours from St. Xavier’s College, Mumbai. Sudhir is married to
Ketki and spends his free time trying to get his children, Sahaana and Kabir, interested in
his own hobbies — tennis, Hindustani music, farming and scrabble. So far to not much
avail.
Chairman and Managing Director, Nestle India
Chairman & Managing Director – Nestlé India Limited
Mr. Suresh Narayanan has over 40 years of rich and exhaustive experience in the FMCG Industry and has
held Senior Management and Top Leadership roles in leading global companies. He is on the Board of
Directors of Nestlé India Limited from 1st August, 2015. Mr. Narayanan was Chairman and CEO of Nestlé
Philippines prior to joining Nestlé India in 2015.
Mr. Narayanan was Managing Director of Nestlé Singapore Pte. Ltd., from 2008 to 2010. During his time,
the overall business in Singapore witnessed sustained growth amidst the economic downturn. He was
awarded the Medal of Commendation by the Government of Singapore in 2010, for excellence in
employee relations during this challenging period. He moved to Nestlé Egypt as Chairman and CEO and
Head of NEAR, where his initiatives resulted in significant business growth and investments despite the
turbulence and volatility faced by the region at this time.
Mr. Narayanan joined Nestlé in 1999 as Executive Vice President for Sales in India, where he
spearheaded major structural and strategic changes in Sales and Customer Management and set up the
chilled dairy business. He moved to Nestlé Indochina in 2003, as Executive Director for Sales, Marketing
and Food-Services, covering the countries of Thailand, Cambodia, Myanmar, Laos and Vietnam. Two
years later in 2005, he returned to Nestlé India as Head of Sales for India, Sri Lanka, Bangladesh and
Nepal.
Mr. Narayanan began his career as a Management Trainee with Hindustan Unilever, where he held
numerous positions of increasing responsibility in Sales, Marketing and General Management. He has
also worked with Colgate Palmolive in India.
Mr. Narayanan holds a master’s degree in Economics from the Delhi School of Economics and has a
Diploma from the IMD Program for Executive Development. He was conferred with honoris causa,
Doctor of Philosophy in Management by Bennett University, India.
He has participated in the Nestlé Leadership Program of the London Business School.He has delivered
talks at NASSCOM forums, various Corporates, NUS School of Business-Singapore, American
University–Cairo, Columbia University, Army War College Mhow, Naval War College-Goa and Business
Schools such as IIM’s, ISB etc. in India.
Mr. Narayanan was honoured at the Forbes India Leadership Awards 2017 as the Best CEO in the
Multinational category. He was recognized among “Most Valuable CEOs” in 2019 by Business World and
also awarded “Best CEO – FMCG” for two years consecutively in 2019 and 2020 by Business Today.
CNBC-AWAAZ awarded Mr. Suresh Narayanan as the Best Performing Leader for the MNC category in
2020. Mr. Narayanan was honored as the Entrepreneurial CEO at EY Entrepreneur Of The Year™ 2020
Under his leadership, in 2019, Nestlé India won the “Best Governed Company Award for 2018” by Asian
Centre for Corporate Governance & Sustainability. Business Standard Awarded Nestlé India as the MNC
of the year in 2020. In 2020 Business World Awarded Nestlé India for Best Financial Performance in the
MNC Category and also bestowed ‘Purpose and Resilience’ Award 2020 and in 2021 Nestlé India was
awarded Outstanding Company of the year by CNBC TV18 India Business Leader Awards (IBLA).In 2021
Mr. Suresh Narayanan was honoured amongst the Top 101 Male Gender Equality Champions Globally.
Under Mr. Narayanan’s leadership Nestlé India recognized as ‘MNC in India of the year’ in 2022 by All
India Management Association.
Executive Vice-Chairman and Managing Director, Britannia Industries
Executive Vice-Chairman and Managing Director, Britannia Industries
Varun Berry – Executive Vice Chairman & Managing Director
Varun Berry, Executive Vice Chairman & Managing Director, joined Britannia Industries
Limited in 2013.
Varun joined Britannia in 2013 from Pepsico. He has over 38 years of work experience
with premier companies like Hindustan Unilever and Pepsico, both in India and
overseas and a successful track record of leading startups, turnarounds, joint ventures
and growth businesses.
His most recent assignment was as MD & CEO of Pepsico Foods for South Asia. Prior
to that, Varun was the CEO of a Pepsico JV for Dairy & Juice in the Middle East & Asia.
CEO of Beverages and Foods in the Philippines, CEO Pepsico, Vietnam and several
sales operating roles in India. Before joining Pepsico in India in 1993, Varun worked
with Hindustan Unilever in marketing and sales roles.
Managing Director and Senior Partner Asia-Pacific Leader, Consumer and Retail Practice Boston Consulting Group, Mumbai
Managing Director and Senior Partner Asia-Pacific Leader, Consumer and Retail Practice Boston Consulting Group, Mumbai
Abheek Singhi is a Managing Director & Senior Partner at Boston Consulting Group. He is currently the Chair of
Practices at BCG India. In the past, Abheek Singhi has led Boston Consulting Group’s Consumer and Retail practice
in Asia-Pacific and has been a member of the Global Practice Leadership Team. He was nominated as a BCG
Fellow in 2016. Abheek has nearly 25 plus years of experience with clients across the globe.
Abheek has partnered closely with clients across various sectors in delivering transformative impact – both with
large corporations as well as mid-sized organizations. He has deep experience in strategy development and
execution. In recent years, he has worked closely with organizations to deploy the impact of digital technologies
and analytics for their business.
Abheek has been a member of the National FMCG (fast-moving consumer goods) Committee of CII. He is also a
member of National council of RAI (Retailers Association of India). In these roles, he has worked to monitor the
industry trends and shape industry-wide responses. He was also selected by the Aspen Ananta Institute as part
of the India Leadership Initiative program and is a member of the Aspen Global Leadership Network. He has been
named as Top 100 Retail minds in Asia Pacific Retail as well as Top 50 in Indian Fashion and Luxury
Abheek is a coauthor of the bestselling BCG book The $10 Trillion Prize (published by Harvard Business Review
Press).
He has also written several seminal reports on the Asian consumer retail and digital and he is a frequent
contributor to national and international publications and is a speaker at leading business conferences and
seminars. He has contributed to and quoted in leading publications such as the Wall Street Journal, the Financial
Times, The Economist, Economic Times, Mint, Times of India, Hindustan Times.
s
Associate Editor and Senior Anchor CNBC-TV18
Associate Editor and Senior Anchor CNBC-TV18
After a brief stint at a broking firm conjuring options algorithms and strategies, Mangalam found
his dream job at CNBC-TV18 in 2014. Legend has it that the senior editors felt having him in the
newsroom would be a lesser headache compared to his frequent assaults on their inboxes,
enquiring about an opening at the channel.
At CNBC-TV18, Mangalam keeps a hawk eye on the Great Indian Consumer Story. He tracks
the FMCG, Retail, Quick Service Restaurants, eComm, Home improvement and the Logistics
sector.
Armed with a Bachelor's in Mass Media, CFA degree and MBA in finance, he relishes the
challenge of telling business stories in an engaging manner.
The best of both worlds, says Mangalam of his job as he gets to combine his love for story telling
with his passion for analysing numbers and market trends.
Mangalam hosts the daily shows Chartbusters and Half Time Report, and also special shows like
Consumption Corner, The Weekender, Disruptors, and Media Dialogues. He is known for his
candid, insightful and incisive interviews.
One such special show, Mad About Markets was awarded the best Business Series in English by
both ENBA & ITA.
While he is long way off from hitting forty, Mangalam was among the awardees of
Exchange4Media's English Journalism 40 under 40 in 2022, which recognises the best
professionals across print, television and digital.
And when he is not poring over numbers, you may catch him posting #FMCGisLife on his social
media handles, or digging anything music, fitness, entertainment or sneakers.
Managing Director and CEO, Marico Ltd.
Managing Director and CEO, Marico Ltd
Saugata Gupta serves as the Managing Director and Chief Executive Officer of Marico Limited. He
joined Marico in 2004 as the Head of Marketing and was elevated to CEO of India Business in 2007
and in 2014 he took over as Managing Director of the company.
A dynamic leader, he is responsible for driving the company’s growth and strengthening its presence
both nationally and internationally. He has helped transform Marico into a high performing business
with a commitment to sustainable development and best in class governance.
Known for his performance-oriented approach, Saugata drives Marico to be a future-ready
organization committed to consistent profitable and sustainable growth combined with societal
value creation. Under his guidance, Marico today has expanded its presence across 25 countries
spread across emerging markets of Asia and Africa. During his tenure, Marico recorded a turnover of
USD 1.2 billion in FY22-23 and its market capitalization crossed over USD 8.5 billion during the year.
During this period, Marico has been recognised across various forums for its commitment to
sustainability and accountability in business operations. Marico has been the only Indian FMCG
company to be listed in Steward Leadership list of top 25 companies across Asia Pacific Region for its
sustainable business goals. Marico ranked highest amongst FMCG companies in the Crisil ESG
performance score – (ESGuage 2021 and 2022) for two years in a row and has been featured in the
‘LEADERSHIP’ category in IiAS' annual assessment of Corporate Governance Scores of S&P BSE100
companies for 2021. Marico ranked among the top 3 India’s Most Sustainable Companies in India for
setting a benchmark in integrating suppliers into the company's sustainability strategy by BW
Businessworld IMSC 2021-22. Marico ranked 6th among India's most sustainable companies with an
A+ rating by SUSTAIN LABS PARIS in association with BW Businessworld and was awarded the Best
CSR Practices award at Responsible Business Awards 2021. Marico also received the prestigious BML
Munjal Award for achieving Business Excellence through People Learning & Development in Private
sector in Manufacturing category. Marico is amongst India’s 5 Best Workplaces in FMCG as per Great
Place to Work® Institute (India) and one of the 25 Most Desirable Companies To Work for across
sectors, as per the Dare2Compete.
Saugata’s name has been included amongst the most Inspiring CEOs of India by The Economic Times.
He was ranked #4 and #47 in the FMCG sector and Pan-India respectively in the Business Today-PWC
list of India’s Top 100 CEOs in 2017 and was ranked as ‘India’s Most Valuable CEOs’ by Businessworld
in 2016 and 2018. He has been recognised as the Best CEO - Private Sector at Forbes India
Leadership Awards 2019. He was also featured in the top 100 Business Leaders List 2020 by Impact
Digital Power 100. He has recently been recognized as one of India’s best leaders in the times of
crisis 2021 by Great Places to Work.
Outside Marico, Saugata is on the board of Ashok Leyland as Independent Director and is a member
of Audit Committee, Nomination and Remuneration Committee and ESG Committee. He is also
associated with Delhivery as an Independent Director.
Saugata is an alumnus of IIM Bangalore and holds a chemical engineering degree from IIT Kharagpur.
Managing Director, Colgate Palmolive India Ltd.
Managing Director, Colgate Palmolive India Ltd.
Ms. Prabha Narasimhan is the Managing Director and Chief Executive Officer of
Colgate-Palmolive (India) Limited.
Prabha joined Colgate in 2022 from Hindustan Unilever Ltd. (HUL), where she led the
Home Care category as Executive Director and served as a member of the HUL
Leadership Team.
Prabha has over 25 years of rich and varied experience in Customer Development,
Consumer Marketing and Innovation across geographies and multiple categories,
including Home Care, Foods, Personal & Skin Care.
Prabha is a graduate of the India Institute of Management Bangalore and Melbourne
Business School.
CEO, Dabur India Ltd
Executive Director – Home Care, Hindustan Unilever Ltd
Executive Director – Home Care, Hindustan Unilever Ltd.
Deepak Subramanian (49) is the Executive Director – Home Care for Hindustan Unilever Limited
(HUL), the Indian subsidiary of Unilever, and a publicly listed company in India with a market cap
of USD 70 Billion.
In addition to serving as the Executive Director – Homecare, HUL, Deepak is also the General
Manager of the Homecare Business of Unilever for the South Asia region.
Deepak joined Unilever as a Management Trainee in India in 1995, after completing his
B.A.(Honors) in Economics from St. Stephen’s College, University of Delhi. In a global career
spanning 28 years, he has lived and worked in India, Europe and Asia and has worked across local
/ regional / global Sales & Marketing roles and more recently in Board-level General Management
roles, bearing full P&L responsibility.
Deepak is a Global Trustee (Member of the Global Board) of Forum for the Future, an
international sustainability non-profit. He is also a non-executive Director of the Hindustan
Unilever Foundation, Member of the Global Advisory Board of Insider (a Global Growth
Management Platform) , The Web3 Marketing Association and an Advisor /Mentor / Investor in
deeptech and sustainability start-ups and Venture Capital Funds like Antler and 500. He is a
graduate of the Executive Programme at Singularity University and a Certified Chair from the
Advisory Board Centre, Australia.
Country Managing Director, L’Oreal India
Country Managing Director, L’Oreal India
Aseem Kaushik is the Managing Director of
L’Oréal India and is responsible for driving
the company's growth across India, Nepal,
Bangladesh, and Sri Lanka.
Aseem has been with L’Oréal for 27 years
and held many leadership positions within
the Group. He started his career in 1995 in
the Consumer Products Division of India to
set up and expand field operations. He then
took on several leadership roles in the
Professional Products Division (PPD) and
was instrumental in creating the modern
Salon industry in India and building a
successful sustainable business model with
partners.
Most recently, he led international teams in PPD; first in Asia Pacific (APAC), and
then in South Asia Pacific Middle East North Africa (SAPMENA) zone, driving an
ambitious online + offline transformation agenda for the professional hair industry of
the future.
At the heart of his leadership success is his focus on people; empowering them to
grow their wings and building collaborative teams as active support networks. Being
an agile entrepreneur, he naturally leads with a simplicity mindset and champions
efforts to maximize time & effort.
Aseem holds a degree in Business Administration from the University of Delhi.
Managing Director-South Asia, Kantar World Panel
Managing Director-South Asia, Kantar World Panel
K Ramakrishnan is currently Managing Director for Kantar’s Worldpanel division in South
Asia. Ramki (as he is fondly called) is the business head managing the changing client
expectations, growth ambitions and the P&L. Ramki’s role here involves providing a client
perspective and business orientation to continuous research projects and analytics solutions.
He is responsible for business growth, client satisfaction and brand imagery in the South
Asia market ( India, Srilanka and Bangladesh) in addition to participating in several global
scale projects for the organization,
Prior to this, Ramki was President at Café Coffee Day. At CCD, Ramakrishnan’s key
responsibilities were in the areas of creation, conversion and retention of consumers in
distinct verticals that CCD is present. Ramakrishnan’s role in CCD involved crafting
programs to enhance customer engagement and hence generate walk ins. Programs included
product development to experience definition to delivering consumer delight in the outlets.
A key aspect of marketing in CCD was its purely collaborative model without the use of
conventional media tools.
Prior to CCD, Ramki used to head marketing at Lenovo India and before that in several key
marketing and sales roles at TVS Motor Company, Tata Tea Limited (now Tata Global
Beverages), TTK Prestige etc.
A Chemical Engineer and an MBA, Ramki has a rich experience of over 25 years across
different areas of business such as sales, marketing and business development, spanning
several industries such as Retail ( Café Coffee day), consumer durables (Kitchenware–TTK
Prestige), FMCG (tea – Tata Tea), Services, Automobiles (2-wheelers – TVS Motor
Company), IT products (Lenovo).
Ramki’s key expertise lies in consumer insight mining and resultant innovation, business
analytics and digital marketing. Ramki is an avid reader and teacher and also writes in
business publications like the Economic times in India. He takes keen interests in sports and
music.
CEO & Executive Director Britannia Industries
CEO & Executive Director Britannia Industries
Rajneet is CEO & Executive Director of Britannia Industries, one of India’s largest FMCG
company with turnover of >USD $2 Billion & market cap of $13+ Bn. As part of the company’s vision
to become a responsible ‘Global Total Foods Company’, Rajneet is leading the expansion into new
food and beverage categories by driving product innovation and building trusted brands. Rajneet is
also building agility in the organisation to respond faster to rapidly evolving market needs, while
building capabilities in Data, Digital and People. He chairs the company’s Digital Council & leading
Britannia’s Transformation journey. Under Rajneet’s leadership, the company is also accelerating its
sustainability initiatives across every facet of the business.
Rajneet has served in senior leadership roles with 26 years of experience in consumer goods and
retail sectors. Prior to Britannia, Rajneet worked with Jubilant FoodWorks as President & Chief
Business Officer Domino’s (4+ yrs), Coca-Cola (14 yrs) as Senior Vice President, Asian Paints
(5.5 yrs) as Regional Manager & Color Steels in UK. He has a track record of scaling up businesses
and building highly engaged teams, while delivering high performance and profitable growth.
Rajneet is thought leader & holds several leadership positions as:
Vice President, Marketing, Fabric Solutions Hindustan Unilever Ltd
Vice President, Marketing, Fabric Solutions Hindustan Unilever Ltd
Mohit Sud is the Vice President of Marketing, Fabric Solutions at Hindustan Unilever Ltd. Formerly the General Manager of Central India at HUL, Mohit now plays a pivotal role in shaping and executing marketing strategies for industry-leading brands in his current position.
A graduate of NIT Allahabad with an MBA from XLRI, Jamshedpur, Mohit's journey at Hindustan Unilever began in 2004. Over the last two decades, he has demonstrated expertise and made significant contributions across Sales and Marketing.
Beyond the boardroom, Mohit is a versatile individual with interests in quizzing, reading, and crosswords. His intellectual pursuits are complemented by a deep appreciation for the wit and humor found in the world of Calvin and Hobbes.
Chief Marketing Officer, India Beverages, PepsiCo
Deputy Managing Director, Pidilite Industries
Deputy Managing Director, Pidilite Industries
Sudhanshu Vats is the Deputy Managing Director at Pidilite Industries Limited.
An alumnus of IIM Ahmedabad, he has a career spanning 30 years across the FMCG and Media sectors with a track record of propelling significant business growth and creating long-term value for all stakeholders of the Company.
Sudhanshu Vats was the Managing Director and CEO at EPL Limited. Under his leadership the company grew in double digits in FY 21 despite Covid19 headwinds. His clearly articulated strategy of "Leading the Pack" with Sustainability at its core and well-defined 5 Must Win Battles will help EPL maintain its strong run in the years ahead.
He spent eight years as the MD and Group CEO of Viacom18 Media Private Limited. He profitably grew the company 3X to $600 mn. By building a strong portfolio of Direct to Consumer Digital offerings under Voot brand and strengthening Data Science and Analytics capability, he has future proofed the media company that is admired for its culture, quality of talent and progressive people policies.
He spent about 20 years at Unilever in India in sales, marketing and general management roles. His last role in Unilever was VP Laundry (South Asia) and Global VP – Radiant brand. During his long tenure at Unilever, he shaped many popular household brands, most notably Lipton, Vim, Wheel, Surf, Rin, Lifebuoy and Lux.
During 2004-2005, Sudhanshu worked with BP in India as Vice President Marketing and led the Castrol Master brand re-launch.
He has been the Chairman of the National Media and Entertainment Committee of CII, Vice President of Indian Broadcasting Foundation and Director at Broadcast Audience Research Council. He is on the Board of Tata Play and Advertising Standards Council of India (ASCI). He is also on the Global Advisory Board of the Columbia University, New York.
Sudhanshu is an inspirational leader and mentors a lot of CEOs/ CXOs, many of whom started their career with him. He is a Sub 4 hours marathon runner. Education is his giving space. He serves on the advisory board of a number of NGOs.
Head Instamart – Swiggy
CEO-Grocery Retail, Reliance Retail
CEO-Grocery Retail, Reliance Retail
Mr. Damodar Mall is the Chief Executive Officer of the Grocery Retail
Business at the Reliance Retail Ltd.
An IIT-Bombay and IIM-Bangalore alumnus, Damodar worked in Sales and
brand roles at Unilever prior to founding a retail venture that went on to
become the DMart Supermarket Chain. He was then with Future Group in
various leadership roles and was part of Kishore Biyani’s core team.
Damodar writes an invitation blog for Forbes India.
His first book SupermarketWala - Secrets to wining Consumer India, provides
business insights for shaping consumer business and modern retail, in India.
His recently published book “Be a SupermarketWala” is a business primer for
supermarket entrepreneurs. Apart from English, this book is being published
in Hindi, Marathi, Telugu & Gujarati.
He has received the Golden Spoon Award for the most admired Food &
Grocery professional of the year, at the India Retail Forum.
MD and CEO - HDFC Asset Management Company
MD and CEO - HDFC Asset Management Company
Navneet Munot is the MD & CEO of HDFC Asset Management Company Limited (HDFC AMC).
He joined the firm in February 2021. HDFC AMC manages over Rs.5 lakh crore across Equity and
Fixed Income Mutual Funds for over 75 lakh investors across the country. Navneet is also the
Chairman of the Association of Mutual Funds in India (AMFI).
A veteran of financial markets, Navneet hosts 3 decades of rich experience in the industry. Prior to
joining HDFC AMC, he was the Executive director and Chief Investment officer of SBI Funds
management Private Limited and was responsible for overseeing AUM over USD 150 billion across
mutual funds and segregated accounts. Navneet was also a Director on the board of SBI Pension
Funds (P) Limited.
In prior assignments, he was the Executive Director & Head – multi-strategy boutique with Morgan
Stanley Investment Management and Chief Investment Officer – Fixed Income and Hybrid Funds at
Birla Sun Life Mutual Fund.
Navneet has a master’s degree in Accountancy and Business Statistics and a qualified Chartered
Accountant. He is a Charter Holder of the CFA Institute and CAIA Institute. He has also done
Financial Risk Management (FRM).
Mr Bharat Puri
Chairman,
CII National Committee on FMCG &
Managing Director, Pidilite Industries
We are at a critical time as we look to get to the other side of 2020s. Consumer demand
in India has remained steady thus far against the backdrop of an uncertain global
context. However, consumer behaviors and attitudes are changing rapidly, the
distribution landscape is getting complex, and newer capabilities are fundamentally
disrupting business models. Winning in this reality will require remaining ahead on
fulfilling consumer needs through innovations on both offerings and operating models.
A fusion of past learnings and agility in light of changing consumer and market contexts
will be imperative.
In this session, we will hear from three leading FMCG CEOs about their thoughts and
perspectives on how the FMCG sector needs to shape up to stay ahead in the coming
years.
| 10:05 – 10:10 Hrs | Introductory Remarks by |
Mr Bharat Puri Managing Director, Pidilite Industries |
| 10:10 – 10:35 Hrs | Keynote Address by |
Mr Suresh Narayanan Chairman and Managing Director,Nestle India |
| 10:35 – 11:10 Hrs | Fireside Chat with |
Mr Varun Berry Executive Vice-Chairman and Managing Director, Britannia Industries |
| 11:10 – 11:15 Hrs. | Closing Remarks |
Mr Sudhir Sitapati Chairman, CII National FMCG Summit 2023 Co-Chairman, CII National Committee on FMCG & Managing Director & CEO, Godrej Consumer Products |
Multiple changes have happened in the consumer landscape over the 2010s and 2020s.
On the demand side, affluence has grown, consumer attitudes have evolved, and their
expectations have risen. On the supply side, many new categories – both products and
services – have emerged vying for a share in the same consumer wallet.
As we look to enter the other side of 2020s, it is imperative to look at the last 15 years
and understand how the FMCG sector has done in the context of the broader economy.
This presentation will set this context and outline questions for companies to consider and answer.
Mr Abheek Singhi
Managing Director and Senior Partner, Chair of Practices
Boston Consulting Group (BCG), Mumbai
A look at the growth trajectory in India's FMCG sector raises multiple questions.
Economic fluctuations, changing consumer purchase behaviors, and competitive
market dynamics have posed challenges. At the same time, rising affluence and
channel landscape have also offered opportunities to innovate fundamentally. Growth
in the future will require strategic agility, innovation, and a nuanced understanding of
the evolving Indian consumer and operating landscape.
There is no one better to talk about this than the leaders who have successfully
spearheaded their organizations and can offer learnings on the same.
Mr Mangalam Maloo
Associate Editor and Senior Anchor, CNBC-TV18
Mr Saugata Gupta
Managing Director and CEO, Marico India
Ms Prabha Narasimhan
Managing Director, Colgate Palmolive India
Mr Mohit Malhotra
CEO, Dabur India
Mr Deepak Subramanian
Executive Director – Home Care, Hindustan Unilever
Mr Aseem Kaushik
Country Managing Director, L’Oreal India
Consumer consumption of FMCG categories has undergone several changes over the last decade and a half. While volumes have been challenged across some categories, many others have seen strong positive volume momentum. A look into these differences provides deeper perspectives into the ‘whys’ of the change.
This presentation will provide a deaveraged view into understanding the FMCG growth
trajectory across various categories and will hence set the stage for discussions in the
forthcoming sessions
Mr K Ramakrishnan
Managing Director-South Asia,
Kantar World Panel
A look into the FMCG landscape over the last few years reveals categories and brands
which have been highly successful. These are the brands which have added new
consumers, increased consumption volumes, and upgraded consumers to more
premium offerings. The secret to this lies in a combination of consumer-centric
innovation, a superior route to market, delivering the right value equation and staying at
the top of consumers’ minds.
In this session, we will hear from these brands in TED-style talks on what has been their
journey and what learnings we can draw from them.
Mr Rajneet Kohli
CEO & Executive Director, Britannia Industries
Mr Mohit Sud
Vice President, Marketing - Fabric Solutions, Hindustan Unilever
Mr Tarun Bhagat
Chief Marketing Officer, India Beverages, PepsiCo
The last few years have seen continuous shifts in the retail landscape. Channel mix has
been evolving, consumer spends are moving from offline to online, and multiple new
formats are emerging within both offline and online. Many of these new formats have
also driven significant change in consumer shopping behavior by making it more
convenient, faster or providing access to large varieties. As we look forward, retail
innovation will continue to be a big differentiator for brands.
In this session, we will discuss the changing retail landscape for FMCG and the need
for close collaboration between retail and brands to drive growth.
Mr Sudhanshu Vats
Deputy Managing Director, Pidilite Industries
Mr Phani Kishan Addepalli
Head – Instamart, Swiggy
Mr Damodar Mall
CEO-Grocery Retail, Reliance Retail
As we look to chart priorities for the FMCG sector, it is imperative to broaden the horizon and look at what we can learn from players outside the FMCG space. In many other categories, there are brands which have shown strong significant growth over the last few years. There are companies and categories which have spearheaded the creation of altogether new categories and managed to take a significant share of the consumer’s wallet.
There are also brands which have grown significantly faster than their counterparts in well-established categories. The common thread to their success has been understanding the changing consumer and developing offerings to deliver on those in an effective manner.
In this session, we will widen our horizon by listening to select such brands on what their journey has been and what learnings can we draw from them.
Mr Navneet Munot
Managing Director & CEO, HDFC Asset Management Company
Mr Sudhir Sitapati
Co-Chairman, CII National Committee on FMCG &
Managing Director and CEO, Godrej Consumer Products
