Procter & Gamble's India unit grows 21 percent!

Procter & Gamble's India unit grows 21 percent!

Procter and Gamble Co.’s  publicly listed subsidiaries in India have done well in the June 2012  quarter to support the company’s 21 percent organic sales growth. Organic growth  strips out the effect of foreign exchange and acquisitions on growth. India saw the highest growth among the BRIC  countries for P&G, and much better than the 10 percent growth in its developing markets.

Procter and Gamble Hygiene and Health Care Ltd sells Vicks and Whisper products in India, and its sales rose by 27.8 percent to $62 million. Gillete India which is still traded separately from P&G grew by “only” 15 percent, pulled down by  sluggish  battery and oral care sales; shaving sales were actually up 22 percent.

What this means

Indian consumers are continuing to spend vigorously. Giants such as Unilever are grew at over 10 percent this quarter. Indian companies such as Dabur also grew similarly. In fact 13 out of 18 consumere companies posting a volume growth in line with or better than expectations, as per a report by Edelweiss Securities. New entrants to India can make big progress there, provided they take time to understand what make Unilever and Dabur tick and where their place in the food chain will be.

How we can help

Amritt consultants can help new entrants find the quick path to revenue and the most sustainable path to profits, (which may not be very quick). But India is where the action is today. if you are a CPG / FMCG company with aspirations.


About Amritt

Who We Are

Small or big, your business will love our financial help and business consultations! We are happy when our clients are too… Actually, this is quite simple to achieve – because each time we help them in sorting out different accounting intricacies or save the day before filing the taxes, they are happy indeed! And so are we.   

We have over Twenty years of experience helping our clients succeed in India
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