The FMCG major wants to grow its premium portfolio and strengthen its modern trade channels, and the changes in distributor margins are part of the plan.
A surge in demand for late-night food deliveries prompted QSRs and cloud kitchens to extend their delivery hours. With better utilisation of fixed costs, the exercise seems to be working for them.
A combination of factors is affecting this change — increasing price parity between online and offline channels, premiumisation, easier financing, and for some consumers, a simple course correction.
One woman in the boardroom is not enough. At any position having two of the kind is essential for support and connection, says Professor Neharika Vohra of IIM-A.