Ramps up production in Sri Lanka to offset sales loss due to Nepal unrest
Dabur India announced that due to the current state of unrest in Nepal, and the resultant blockage of certain border crossings, the supply of products by its subsidiary Dabur Nepal has been affected.This may temporarily impact the sales of the Real Brand fruit juices in India. The financial impact can't be ascertained accurately due to the ongoing nature of the situation.
In the meanwhile, the Company has proactively initiated a mitigation strategy involving the ramp up of production at other manufacturing facilities in India, and at their manufacturing facility in Sri Lanka, Dabur Lanka.
These measures will help in mitigating the potential sales loss due to the Nepal unrest.
Powered by Capital Market - Live News
