Unilever to boost capacity in emerging markets

Unilever is trying to boost its manufacturing capacity in emerging markets, as the company’s revenues from these regions continue to rise. About 55 per cent of its Euro 51.3-billion ($68.25-billion) turnover is counted for by emerging markets.

To ensure these markets continue to record double-digit growth, the Rotterdam- and London-based company has said it will invest Euro 50 million ($66.5 million) in setting up an aerosol manufacturing plant in Maharashtra. The announcement coincided with British Prime Minister David Cameron’s visit to the consumer goods company’s Mumbai campus on Monday.