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Emami expects fair and handsome growth in rural India

In an interview with CNBC-TV18, NH Bhansali, CEO of Emami Group spoke about the growth the company plans to achieve both in domestic and international front. He also talks about how escalating raw material prices are pinching margins. Despite poor IIP figures, he still sees robust growth in rural India.

March 13, 2012 / 15:56 IST
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In an interview with CNBC-TV18, NH Bhansali, chief executive officer of Emami Group says, growth in rural area has been very handsome. "Growth, in the fourth quarter and times to come, should continue," he adds.

Bhansali expects a sales growth of around 16-17% in the quarter and in the subsequent year as well. He is also confident of maintaining the margin.

Below is the edited transcript of NH Bhansali's interview on CNBC-TV18. Also watch the video.

Q: We understand there was a volume growth dichotomy in the last quarter. Domestic volume grew whereas exports fell. How exactly are you doing in Q4?

A: We have done well in the last quarter. Volumes in domestic market have been strong. Many factors like structural changes undertaken in creating teams, moving from primary sales model to secondary tracking of the sale, volatility in African regions where sales didn

first published: Mar 13, 2012 02:17 pm

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