Fast moving consumer goods are a key pillar of India's consumption story. It is the fourth largest sector in the Indian economy with a potential market size of almost 7.5 lakh crore. Household, personal care and F&B account for nearly 70 percent of the industry. Increasing purchasing power and product availability have been the key growth drivers for the sector in the past.

Although FMCG stocks have been star performers on Dalal Street over the last couple of decades, one question remains on whether their current valuation is extremely high? CNBC-TV18's Mangalam Maloo does a deep dive into the FMCG sector.

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First Published:Oct 23, 2020 6:32 PM IST