NaukriHub-Job Search Site


Submit Resume
Google
Indian Industry

Godrej Targeting FMCG Acquisitions in China, Indonesia, and Brazil

Godrej is currently $1.7 billion group and is eyeing acquisition in China, Indonesia and Brazil. Godrej is targeting at least two acquisitions each in these countries for its Fast Moving consumer business.

Adi Godrej, Chairman, Godrej group told that the Group is aiming 25% growth every year, of which 5% is estimated to come through acquisitions. The Group has also acquired UK's Keyline, South Africa's Rapidol and home-grown Nutrine recently. The group's priority will be acquisitions in personal and household care segment in the overseas market.
The Chairman said that the Group is aiming at more acquisitions in South Africa and one or two in Europe. Besides organic growth there can be domestic buyouts as well. However, there are not many opportunities for domestic acquisition. The Group aims more at overseas rather than domestic acquisitions.

The Group's strategy is not either-or; rather it's looking out for both organic and inorganic modes of growth. Since FMCG is more an opportunity-based business rather than a capital-intensive one, it does not require huge capital.

The Group's FMCG business grew by 30% last year and is aiming at least two acquisitions per year to increase the growth rate.


Indian Industry
Know the business of india with
detailed analysis
Click Here
 
HR Chronicle
Read the latest articles on
Jobs by Country
more..
Career Institutes
Want to know about professional career institutes.
Recruitment Consultants
Want to know about recruitment consultants in India
Career Development
Are you in need of a
councillor to help you in
choosing the right career?




 
 
 
 
Resources in India