Ans: The Fast Moving Consumer Goods (FMCG) sector is the 4th largest sector in the Indian economy. One of its chief characteristics is the high turnover of consumer packaged goods that are produced, distributed, marketed and consumed in a short span.  Some of the FMCG products that dominate the Indian market are cosmetics, detergents, tooth cleaning products, toiletries etc. Further, it includes other products such as soft drinks, packaged foods, chocolates etc.