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Soap, shampoo, packaged food, tea, coffee and cigarettes - daily essentials sold through millions of shops.
Makes and distributes everyday household products. ITC and Hindustan Unilever dominate the group, which is a mid-sized defensive block of the index.
Staples are where investors hide when growth slows. Their volume growth is the cleanest read on mass-market and rural spending.
Strong brands and deep distribution give high returns on capital and steady cash flow. Growth is now contested by quick-commerce, D2C brands and regional players, and by input-cost swings (palm oil, tea, coffee, wheat).