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India Looks Forward to FMCG Boom

News, 13 March 2006

   NEW DELHI - The sub-continent's fmcg sector is set to increase more than 60% by 2010 - annual growth of 10% over a five-year period.
   A report by the HSBC bank says hair care, household care, male grooming, female hygiene and the chocolates and confectionery categories are estimated to be the fastest growing segments.
   The total size of the fmcg sector will rise from around Rs565 billion ($12.69bn; €10.65bn; £7.3bn) in 2005 to Rs921bn in 2010.