Dabur bets big on international biz, to expand capacity

FMCG major Dabur India is betting big on its international business and plans to expand its manufacturing capacity to cater to the growing markets besides readying a slew of products for launch in new categories, Dabur (India) Chief Financial Officer S Raghunathan said, reports The Economic Times.

February 04, 2011 / 12:49 IST

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FMCG major Dabur India is betting big on its international business and plans to expand its manufacturing capacity to cater to the growing markets besides readying a slew of products for launch in new categories, Dabur (India) Chief Financial Officer S Raghunathan said, reports The Economic Times. According to The Economic Times, Dabur, the fourth largest Indian FMCG firm with an annual turnover of around Rs 3,400 crore, aims to increase its foreign sales substantially to 25 per cent through both inorganic and organic expansion going forward.

"We want to be a world player and are open for any strategic acquisition in the near future. However, to drive growth, we also have to increase capacity constantly. This fiscal, we will invest around Rs60-crore in expanding our manufacturing facilities -- one each in Egypt and Nigeria and two in the Gulf," the report adds.

Source: The Economic Times

first published: Feb 4, 2011 12:38 pm

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