FMCG maker Dabur India is optimistic of a gradual uptick in consumption this fiscal and expects its power brands to drive growth as it expands deeper into the hinterland, its chairman Mohit Burman has said. Dabur expects an improvement in rural consumption, where it will continue to expand its footprint, while for urban markets, it will increase play by adding more premium offerings and entering into adjacent categories, according to the latest annual report of the company. "We are optimistic of a gradual uptick in consumption trends over the course of the next year, considering predictions of a normal monsoon, improving macroeconomic indicators, continued government spending on infrastructure building, and lower inflation," Burman said while addressing the shareholders of the company. The company is "confident" about the resilience of its business strategy. It expects its power brands to continue to drive growth as it expands its reach deeper, increasing its total addressable ...
This project will mark the company's first investment in the region. The maker of Real fruit juices and Hajmola candy currently has a network of 13 domestic manufacturing locations
Homegrown FMCG maker Dabur India, armed with a cash reserve of Rs 7,000 crore, is scouting for acquisition opportunities in healthcare and home & personal care segments, according to its CEO Mohit Malhotra. Besides, Dabur is looking for acquisition opportunities in the online space, and with several D2C (Direct to Consumer) brands operating in it, it finds the valuation "more reasonable" now and will pursue it if it finds a suitable one for growth, he said. The company is scaling its presence in the online space, which includes e-commerce channels and D2C business, where it plans to introduce more innovations under existing brands and through inorganic opportunities. "We are introducing innovations there. Those innovations are coming on the back of existing brands and these innovations will come on the back of some new brands that we might launch or we are looking at an acquisition for a new brand," Malhotra told PTI. The company would pursue organic growth with new brand launches
With reduced prices for most of its commodities, Dabur India expects to see expansion in gross margins in the current fiscal; the FMGC major has made an entry into the spices category
Since the release of our investigation into the adulteration of honey, we have received textbook responses - possibly what is discussed and taught in business schools across the world, writes Narain
Chinese companies have "designed" the sugar syrup which is used to adulterate honey so that it can pass the Indian laboratory tests
From Bharat Biotech applying for emergency use of Covaxin to super-rich buying luxury products online like never before, here are top headlines this morning
When the issue concerns people's health, it's more than just a clash of brands, says experts
CSE's report on honey points to the need for better standards
Two leading homegrown rival FMCG brands Dabur and Marico are in an open spat with each other over claims regarding their honey brands and have taken the matter to advertising regulator ASCI. Dabur on Sunday said it is filing a complaint against rival Marico before the Advertising Standards Council of India (ASCI) for claiming its Saffola Honey sample being passed through the NMR test. The Noida-based company claimed Marico's Saffola honey has failed the NMR (Nuclear Magnetic Resonance) test and is misleading the consumers. "Dabur is filing a complaint in ASCI against Marico as their Saffola Honey sample from the market has failed the NMR test. Test reports clearly indicate the presence of sugar syrup in Saffola honey. Their claim on NMR test is misleading the consumers," Dabur claimed in a statement. However, Dabur's claim was refuted by Marico contending that Saffola Honey is also compliant with each of the quality parameters mandated by FSSAI". Earlier, Marico had filed a compla
On Wednesday, environment watchdog CSE claimed that honey sold by several major brands in India has been found to be adulterated with sugar syrup.
Only Marico's Saffola Honey clears all tests; Dabur, Emami, Patanjali say their products safe
Environment watchdog Centre for Science and Environment (CSE) food researchers selected 13 top and smaller brands of processed and raw honey being sold in India to check their purity.
Focus on power brands and rural expansion augur well for the stock, trading at 43 times its FY21 estimated earnings
Dabur launched 17 new products during 2016-17