Dabur eyeing buy-outs for growth abroad

Dabur has chalked out major expansion plans for overseas markets and is  "actively considering" acquisitions and alliances outside India as it aims to corner 15% of sales on foreign soil in the next 4 years.

"The company has re-organised its international business around the focus, potential and opportunistic markets to be able to tap its potential to the fullest," V C Burman, chairman of Dabur said at the company's AGM.

Having revamped the international business organisational structure last fiscal, geographical expansion was among the major plans on the agenda, the company said in an official release.

"Going forward, the expansion markets will be clearly identified based on strategic choice. The company will commit major investments and human resources in focus markets," the release said.

The company, which has overseas manufacturing bases in Middle-East and Africa, said it will leverage the "natural platform" as it moves ahead with growth in the foreign markets.

"This will make full use of the growing global demand for natural products by occupying differentiated competitive niches in the health care and the personal care segments," the release said.