Reacting to reports that it was going to hive off its retail business, homegrown FMCG company Dabur India today said the scale of its business is too small to explore any such possibility in the near future. “Right now the business is too small to look at any such possibilities but in the future we could look at separating the business from core FMCG or even look at strategic partners,” Sunil Duggal, CEO, Dabur India, told Business Standard.
The company, meanwhile, hopes to be able to extract value from its retail venture H&B Stores in 2-3 years. With the changing market realities and the slowdown in the economy, Dabur has decided to expand its retail presence in a calibrated way so as to achieve quick break-even on a store by store basis.