FMCG major Godrej Consumer Products has launched a range of car and home air freshners under the brand 'aer.' This is Godrej Consumer's re-entry into the segment, which it had exited in 2010.
Adi Godrej, CMD of GCPL, in an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker, spoke about the recent happenings in the company and the road ahead.
US-based Sara Lee Corporation has terminated the license of Godrej Consumer Products Ltd's (GCPL) subsidiary Godrej Household Products, to sell brands like Kiwi shoe care and Kiwi Kleen in India and Sri Lanka. Company chairman Adi Godrej said that Sara Lee will pay GCPL Rs. 178 crore for the said termination.
US firm Sara Lee will pay Rs 177 crore to Godrej Consumer's subsidiary Godrej Household Products, for terminating the license that allowed the Indian firm to sell Kiwi shoe care and Kiwi Kleen brands in India and Sri Lanka. The termination will be effective April 3, 2011, a Godrej press release said.
Personal care products maker Godrej Consumer Products Ltd plans to hike soap prices by 4-5%, starting April, in an effort to battle mounting raw material costs, a top official told Reuters on Tuesday.