Godrej said currently opportunity is more in overseas markets and his group is exploring acquisitions not beyond developing nations.
The group's overseas revenue constitutes 25-30 percent of its turnover.
The group is targeting Asia, Africa and Latin America in personal care, home care and hair care categories to propel growth.
The Group has targeted a CAGR of 26 per cent from organic and inorganic growth till 2020.
"We intend to grow at a compounded annual growth rate of 26 per cent in the coming years. Growth will come both organically and inorganically through acquisitions," Godrej told reporters last evening.
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"We intend to by 100 per cent in the company in phases," Godrej said.
In June 2011, GCPL had acquired a 51 per cent stake in Darling Group.
Godrej group in its vison 2020 aims a 10-fold growth in topline in 10 years.
The chairman said the vison of the company has factored in the growth potential of India to surpass US and Chinese economies by 2040-50.