Godrej eyes buyouts in Brazil, Indonesia

 250 crore.

 Godrej said his group would focus on developing markets for identifying acquisition targets.

 Godrej personal care brands posted a 20% growth in FY06. On the back of acquisitions, analysts

 peg the sales growth in FY07 and FY08 at 40% and 25%, respectively. With control over raw
material costs through in-house production of fatty acids (highest in India), Godrej is expected

 to get better margins as FMCG prices go up.

 FMCG companies are likely to announce further price hikes in the following months, Godrej said.