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Capital Trade

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Jun 03, 2011 03:07 PM IST | Source: Moneycontrol.com

Godrej Consumer bets big on Africa for growth

Godrej Consumer Products (GCPL) is betting big on the African region to grow via acquisitions there, and also plans to push its existing product range like insecticides into Africa to speed up growth.

 
 
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Godrej Consumer Products (GCPL) is betting big on the African region to grow via acquisitions there, and also plans to push its existing product range like insecticides into Africa to speed up growth.


Godrej Consumer has adopted a One Africa strategy following its acquisitions in the continent over the last couple of years. Earlier this week, Godrej said it was buying a 51% stake in the Darling Group, a leading hair-care company having presence across 14 countries in sub-Saharan Africa.

Darling Group, which is Godrej

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