Summary:
This is because it is no more a viable business," said Arun Parikh, chairman, The Federation of Gujarat FMCG distributors. FMCG distributors in the state are now demanding a 'pension' scheme stating that they are fighting against great odds in the face of heavy discounts being given by malls and other big retailers. "But since they have started giving to malls, they don't take back unsold products from us. "The fact is that several distributors have gone out of business and many are not planning to extend it beyond the present generation. "We are not given the benefit of reduced prices..