Unilever is trying to boost its manufacturing capacity in emerging markets, as the company’s revenues from these regions continue to rise. About 55 per cent of its Euro 51.3-billion ($68.25-billion) turnover is counted for by emerging markets.
To ensure these markets continue to record double-digit growth, the Rotterdam- and London-based company has said it will invest Euro 50 million ($66.5 million) in setting up an aerosol manufacturing plant in Maharashtra. The announcement coincided with British Prime Minister David Cameron’s visit to the consumer goods company’s Mumbai campus on Monday.
