Gujarat sets growth in per-capita food, non-food and FMCG expenditure
Kolkata, Mar 12 : Gujarat registers maximum growth in per-capita food, non-food and FMCG consumption expenditure where West Bengal records least growth rate on all three fronts, according to ASSOCHAM.
With growth rate of about 28 per cent and 33 per cent respectively, the state of Gujarat has garnered maximum growth in per capita food and non-food consumption expenditure across India during 2004-05 and 2009-10, an ASSOCHAM study said today.
Besides, registering a growth of about 24.69 per cent, Gujarat has also topped in terms of household consumption of fast moving consumer goods (FMCG) during the aforesaid five year period, highlights a study titled 'Evolution of Indian Rural Markets During 2004-05 to 2009-10' released by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).
While, the state of West Bengal has seen least growth of just about 1.6 per cent and about eight per cent in per-capita food and non-food consumption expenditure respectively and West Bengal has also registered negative growth rate of about two per cent for household expenditure on FMCG, highlights the study prepared by the ASSOCHAM Research Bureau.
"The per capita food and non-food consumption expenditure across India has increased at a pace of over 14 per cent and 17 per cent respectively during 2004-05 and 2009-10," said Mr D S Rawat, national secretary general of ASSOCHAM while releasing the findings of the chamber's study.
"While the household consumption of FMCG across India has registered a growth rate of over 11 per cent during the aforesaid period," said Mr Rawat.
Haryana has the highest average rural household monthly expenditure on food items worth over Rs 2,584 followed by Jammu and Kashmir (Rs 2,378) and Punjab (Rs 2,377). While, Odisha has minimum average rural household monthly expenditure on food worth just about Rs 1,215 followed by Tamil Nadu (Rs 1,280), Madhya Pradesh and Chhattisgarh (Rs 1,322).
Apart from Gujarat, the states of Haryana and Maharashtra have also registered a healthy growth rate of about 24 per cent in per capita food consumption expenditure across India.
Households in Kerala, Punjab and Haryana spend highest on non-food consumer items as these states have registered an average monthly household expenditure on non-food items worth over Rs 3,078; Rs 2,883 and Rs 2,580 respectively. While Odisha (Rs 936), Bihar and Jharkhand (Rs 1,051) and West Bengal (Rs 1,071) have the lowest monthly household expenditure on non-food items in India, highlights the ASSOCHAM study.
Apart from Gujarat, the states of Kerala (27 per cent), North Eastern States (26 per cent) and Assam (24 per cent) have registered maximum growth in the household monthly expenditure on non-food items during the five years to 2009-10.
While, the household non-food expenditure in rural areas increased at a lower rate in West Bengal and Haryana (eight per cent), Madhya Pradesh (10 per cent) and Punjab (14 per cent).
The ASSOCHAM study also indicates that households in Haryana, Punjab and Jammu & Kashmir spend more on FMCG as rural households in these states spend over Rs 2,172, Rs 1,884 and Rs 1,866 respectively per month on FMCG. While rural households in Odisha, Tamil Nadu, West Bengal and Madhya Pradesh spend less than Rs 1,000 on FMCG per month.
Apart from Gujarat, the states of Haryana (24.5 per cent) and Maharashtra (18.6 per cent) have witnessed fastest growth in the household monthly expenditure on FMCG and apart from West Bengal, the state of Odisha has also seen significant decline in household expenditure on FMCG in real terms.