Godrej, Swedish firm in consumer products JV

Godrej Consumer Products and Swedish company SCA Hygiene Products today signed an agreement to form a joint venture company worth Rs 20 crore.

The company would manufacture products such as sanitary napkins for women and diapers for children.

"We believe there is opportunity in the feminine hygiene protection and baby diaper market, which is presently in a nascent stage in south Asia," A B Godrej, chairman, Godrej, said in a release.

The new company will set up manufacturing operations in India.