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Emami to explore new overseas manufacturing units to meet growing demand

The company expects to consolidate its position in the Gulf Cooperation Council

Press Trust of India  |  Kolkata 

Emami to explore new overseas manufacturing units to meet growing demand

Fast-moving consumer goods (FMCG) company is exploring options to set up new in international markets to meet the growing demand.

The company, which now has a single manufacturing unit in Bangladesh, is also stepping into the African markets of and Ghana by launching products, it said in its annual report.


Director of Prashant Goenka said, "will strengthen its position in the existing markets and also simplify logistics in Russia, where the demand is expected to rebound".

"is evaluating manufacturing options in other international markets", he said.

The company said that it expected to consolidate its position in the Cooperation Council (GCC) countries as it had offices in the

Regarding the outlook of the FMCG sector in the country, the company said that consumer demand was expected to increase and the overall market was likely to grow at 14.7 per cent compound annual growth rate (CAGR).

The rural FMCG market was expected to grow at 17.7 CAGR, it said.

With the implementation of (goods and services tax), the company was ready to take full benefit of the emerging opportunity, the report said.

First Published: Sat, July 08 2017. 22:19 IST
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