Marico keen to grow at double digit clip for next 4-5 yrs
FMCG firm Marico expects to grow in double digits for the next 4-5 years and is keeping options open for acquisitions in India and overseas markets to realise its ambitions.
FMCG firm Marico expects to grow in double digits for the next 4-5 years and is keeping options open for acquisitions in India and overseas markets to realise its ambitions.
The Mumbai-based firm is betting on hair nourishment, healthy foods and male grooming products to be it main growth drivers, even as it looks for premium brand extensions of its existing portfolio or by launching new ones.
"Going forward, we expect to deliver double-digit sales growth, around 8-10 per cent volume growth for the next 4-5 years," Marico Chief Financial Officer Vivek Karve told
(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)