ABOUT
The Summit

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 13th edition of the CII National FMCG Summit on 6 December 2022 at The Lalit, Mumbai. The theme of the Summit this year is “Winning in Uncertain Times”.

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.

The world is passing through extraordinary times where businesses are confronted with unforeseen geopolitical developments coupled with the challenges of thriving in a post pandemic reality. With volatility and uncertainty having become a new way of life for Indian FMCG players, it is becoming increasingly clear that the rules of winning are going to be very different and not merely an extension of the past. As companies increasingly focus on optimising efficiency and productivity, the new normal requires businesses to pivot and adapt to new realities of the evolving business landscape by building resilience and agility.

Over the course of the Summit, we will hear eminent leaders of Indian and global organizations share their perspectives through unique case studies as well as 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.

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Speakers

Agenda

10:00 – 10:05 Hrs Welcome Address Mr Sudhir Sitapati
Managing Director and CEO,
Godrej Consumer Products
10:05 – 10:15 Hrs Theme Address Mr Bharat Puri
Managing Director, Pidilite Industries
10:15 – 10:20 Hrs Closing Remarks Ms Indrani Kar
Principal Advisor, CII

In Jan 2020, the perspective on FMCG for the 2020s was a relatively predictable one. The sector was facing changes across the value chain – consumer trends were changing, new competitors were emerging, channel and distribution landscape was dynamic, and the costs were changing but not structurally. Fast forward to Dec 2022, and the FMCG industry context has changed – the size and shape of demand has changed, competition is emerging from (expected and) unexpected players, the media and distribution landscape is converging, and the cost spine has seen extreme volatility.

The presentation will set the context of the broader economy and the FMCG sector, and outline questions for companies to consider and answer

Speaker: Mr Abheek Singhi
Managing Director and Senior Partner, Asia- Pacific Leader,
Consumer and Retail Practice, Boston Consulting Group (BCG), Mumbai

Success of FMCG companies in this new era will rely as much on developing new skills as it would on precise leadership and decision making, often with disparate information. Speed and agility are a must to succeed however this needs to translate across all elements of the organization for long term success.

There is no one better to talk about this than a leader who has successfully spearheaded his / her organization through these tumultuous times and can offer learnings on the same.

Moderator: Mr. Bharat Puri
Managing Director, Pidilite Industries
Speakers: Mr Deepak Iyer
Managing Director, Mondelez India
Mr Prashant Peres
Managing Director - India & South Asia, Kellogg
Mr Navneet Saluja
Area General Manager, Indian Sub-Continent, Haleon

Consumption of digital/ social content and engagement on social media platforms surged to all-time high during Covid-19. Consumers have become more receptive to new virtual experiences. The future of the metaverse promises to be a realistic 3D digital world where one will be able interact with consumers, sell products, and engage in social experiences. The erstwhile approach of building mass brands could fundamentally change in the future. The need of the hour is to build personalized experiences and interactive engagement for consumers. At the same time, the advent of web 3.0 fundamentally changes with decentralization, block chain and token-based economics – which fundamentally can change not only the way brands communicate and connect with consumers – but also the fundamental business models.

In this session, leaders will talk about the implications of the changing technology landscape on the communication strategy for FMCG companies.

Moderator: Mr Sameer Satpathy
Chief Executive - Personal Care, ITC
Speakers: Mr Shashi Sinha
CEO, IPG Megabrands India
Mr Arun Srinivas
Director & Head – Ads Business, Meta
Mr Shaveen Garg
Managing Director & Partner, Boston Consulting Group (BCG)

The last few years have seen continuous shifts in channel mix and rapidly moved the distribution network from offline to omni-channel. Modern trade emerged 25 years back, e-commerce started becoming more relevant a decade back. Social commerce and online purchase have emerged along with advent of focused D2C brands. While the offline retail channels will remain significant, FMCG companies will have to embrace the ‘multi-channel’ way of life. With the advent of ONDC, many more mid-sized merchants and traders will be integrated into the digital ecosystem – thereby creating a different competitive pressure on FMCG companies. At the same time, it also offers FMCG companies to participate directly as well. Companies will need to move away from a distributor/ traditional trade-led approach and focus on distributors, intermediaries, online and D2C – all at once to catch the consumer where he/she already is.

In this session, we will hear the ONDC perspective – around demystifying ONDC and then discuss with a panel of leaders as to what the potential implications – opportunities and challenges that it opens for different players in the ecosystem.

Moderator: Mr Abheek Singhi
Managing Director and Senior Partner, Asia- Pacific Leader,
Consumer and Retail Practice, Boston Consulting Group (BCG), Mumbai
Speakers: Mr T Koshy
CEO, ONDC
Mr B Sumant
Executive Director, ITC
Mr Ambarish Kenghe
VP-Product Development, Google Pay

Our industry is all or nothing without the brands and the power they exert however in these evolving times, how can our brands change and continue to enjoy the loyalty and support of consumers. For the legacy, large brands there is a lot to learn from the emerging brands who have managed to scale quickly, while breaking stereotypes (from mass to precision targeting). Similarly, for the new brands, there is enough to learn from the legacy brands on how to stay relevant over decades and pick the right trends/ waves to ride on (along with which ones to let go).

In this session, we will hear from leaders of both these types of brands on what does it take to be relevant and successfully maneuver these uncertain times.

Moderator: Mr Shashi Ranjan
Country Head, Sebamed
Speakers: Mr Sudhanshu Vats
Deputy Managing Director, Pidilite Industries
Ms Shalini Raghavan
Group CMO, Nykaa
Mr Nitin Saini
Vice President – Marketing, Mondelez India

The pandemic has been a game changer on organization front. Work from home has emerged as the new normal which allows people to work while getting to spend time with their families. While companies are trying to strike a balance through hybrid working models, retaining talent will demand more than that. Redesigning workspaces and reinventing talent management strategies that give flexibility, ownership, and growth will be needed. Multiple tech and D2C startups which provide high ownership and growth in a flexible working environment are emerging as a new competitor set for FMCGs. Preserving the right combination of skills and giving people the right set of motivation in an organization is the need of the hour.

In this session, we will hear perspectives on managing talent in the post-pandemic era of “new ways of working” and building a talent pipeline with the right skills for the future

Moderator: Mr Deepak Iyer
Co-Chairman, CII National Committee on FMCG &
Managing Director, Mondelez India
Speakers: Ms Anuradha Razdan
Executive Director-HR, HUL
Mr Kris Shankar
Group Head-HR, Infosys
Mr Vivek Khemka
Partner, Egon Zehnder
Mr Raj Raghavan
Senior Vice President - HR, IndiGo
Mr Deepak Iyer
Co-Chairman, CII National Committee on FMCG &
Managing Director, Mondelez India