CEO Sunil Duggal blames demand slowdown and intensifying competitive pressures in the domestic market as well as the deteriorating geopolitical situation in West Asia and Africa
Company, however, refrained from disclosing the amount involved in the transaction
Dabur recently acquired a newly incorporated company in South Africa and is planning to set up a manufacturing unit in that country
Under this tie-up with the unit of DRDO, Dabur will also impart training to the villagers on sustainable cultivation of herbs
And, that the young increasingly prefer to browse and shop online, which 'needs to be factored into our plans and strategies'
The board has approved capex of Rs 250 crore for manufacturing unit at Tezpur, Assam
Due to better cost management and lower raw material costs.
This would be FMCG giant maiden investment in Northeast region.