Emami's Bold Expansion: Eyeing New Global Markets
FMCG giant Emami Ltd is set to explore new international markets to enhance growth, reports Chairman R S Goenka. With a five-year CAGR of 11% in international business, the company is scaling manufacturing in regions like Bangladesh and the Middle East. Emami aims for robust revenue, particularly in health and wellness.
- Country:
- India
FMCG major Emami Ltd is strategizing to tap into new international markets to accelerate its global growth, Chairman R S Goenka announced at the company's AGM.
Goenka highlighted that the international segment has experienced a five-year CAGR of 11%, prompting increased manufacturing efforts in key overseas regions such as Bangladesh, the Middle East, and Africa.
With inflation easing and interest rates stabilizing, Emami anticipates a favorable business climate and is focused on driving robust revenue growth, particularly in health and wellness segments, as rural sentiment stays positive.
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