Fertiliser major GNFC eyes Rs 500 cr turnover from Neem products

After the success of its Neem soap and hair oil, it now plans to launch Neem hand wash and shampoo

Gujarat Narmada Valley Fertilizers and Chemicals Ltd (GNFC), a fertiliser major from Gujarat is now targeting a turnover of Rs 500 crore from its neem-based products portfolio in next three years. The company is planning to expand its FMCG portfolio to reach pan India.

"Within a short span of launching, our neem products portfolio has seen good traction. In the current financial year, we are expecting Rs 50 crore turnover from the segment and in next three years we are targeting Rs 500 crore turnover," claimed Rajiv Kumar Gupta, managing director of GNFC.

After the successful launch of its neem soap and