Marico

Might miss 2020 revenue target of Rs 10,000 crore: Saugata Gupta, Marico

November 29, 2017 |by indiafood forum | Comments Off on Might miss 2020 revenue target of Rs 10,000 crore: Saugata Gupta, Marico | FOOD & GROCERY | ,

In a chat, Saugata Gupta, MD & CEO of Marico says the company had one or two quarters where sales performance was relatively muted due to external circumstances…READ MORE

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B2B ecomm firms see the goods in kirana solutions

November 27, 2017 |by indiafood forum | Comments Off on B2B ecomm firms see the goods in kirana solutions | FOOD & GROCERY | , ,

In August, Nandan Nilekani-backed B2B ecommerce startup ShopX was approached by Marico to stock and distribute the consumer goods giant’s new range of deodorants at local stores in small towns and cities…READ MORE

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Marico enters soup segment, plans healthy snacks too

November 21, 2017 |by indiafood forum | Comments Off on Marico enters soup segment, plans healthy snacks too | FOOD & GROCERY | ,

Marico started selling Saffola soups last week, entering a Rs 450 crore segment that is dominated by Hindustan Unilever and Nestle…READ MORE

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Consumer companies like Parle, Marico, Dabur expect a brighter Diwali this time

October 11, 2017 |by indiafood forum | Comments Off on Consumer companies like Parle, Marico, Dabur expect a brighter Diwali this time | FOOD & GROCERY | , ,

Indian consumers are spending on packaged food and personal care products but holding back on apparel and fashion in the run-up to Diwali. Companies across sectors are pinning their hopes on a robust festive season, following three muted quarters in the wake of last November’s demonetisation and the July 1 rollout of the goods and services tax (GST)…READ MORE

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Amazon’s slice-and-dice distribution offerings to see many more tie-ups

September 28, 2017 |by indiafood forum | Comments Off on Amazon’s slice-and-dice distribution offerings to see many more tie-ups | FOOD & GROCERY | , , , , , ,

Amazon is banking on multiple levers to expand its reach. Hence, retail as well as FMCG players will see much more action in the coming days as the offline-online partnership gathers momentum…READ MORE

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Marico to focus on healthy foods, expand Saffola brand as part of three-year strategy

July 17, 2017 |by indiafood forum | Comments Off on Marico to focus on healthy foods, expand Saffola brand as part of three-year strategy | FOOD & GROCERY | , , ,

Marico CEO and MD Saugata Gupta says he is clear he is not looking to build a mass foods business driven by volume growth…READ MORE

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FMCG major Marico looks to diversify product portfolio in Bangladesh

June 28, 2017 |by indiafood forum | Comments Off on FMCG major Marico looks to diversify product portfolio in Bangladesh | FOOD & GROCERY |

With operations in Bangladesh witnessing growth once again, FMCG major Marico Ltd will look to accelerate the diversification of its non-coconut oil-based offerings there. Incidentally, Bangladesh accounts for 44 per cent of the company’s international business. In FY17, the turnover from the international business stood at Rs 1,356 crore…READ MORE

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Patanjali is the most overhyped brand: Marico chairman Harsh Mariwala

June 16, 2017 |by indiafood forum | Comments Off on Patanjali is the most overhyped brand: Marico chairman Harsh Mariwala | FOOD & GROCERY | , , , ,

Marico chairman Harsh Mariwala says the impact of the Patanjali brand on his company’s market share has been ‘low’…READ MORE

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It is okay to have fewer exemptions under GST: Harsh Mariwala, CMD, Marico

May 18, 2017 |by indiafood forum | Comments Off on It is okay to have fewer exemptions under GST: Harsh Mariwala, CMD, Marico | FOOD & GROCERY | , , ,

Harsh Mariwala, CMD, Marico, in an interview to ET Now said that with reduction in number of exemptions, the government can increase tax collection…READ MORE

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