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Discover the Secret: 5 FMCG Stocks with Potential for Multibagger Returns

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Britannia Industries Ltd FMCG – Foods 66.17
Nestle India Ltd FMCG – Foods 60.83
Marico Ltd FMCG – Personal Products 46.54
ITC Ltd FMCG – Tobacco 31.98

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FMCGs typically have low-profit margins, but still account for 50% of consumer spending in India. Being the fourth largest sector in the country, FMCG stocks in India can be profitable investments.

As per a study, the FMCG industry is well positioned to register a growth of $310. 5 bn between 2022 and 2026, primarily driven by the rising consumption of ready-to-eat food products. In fact, by 2025, the total consumer spending on food is expected to touch around 8.85 trillion U.S. dollars.

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