We want to be stronger before going for IPO: CavinKare's Vijayaraghavan

In a Q&A, the company CEO, in charge of the FMCG business details about pricing pressure, cartelisation issues in the raw material space and the company's roadmap, going ahead

A day after Chennai-based fast-moving consumer goods (FMCG) major CavinKare announced restructuring of its businesses, the company said, going ahead, it will bet big on sectors like e-commerce and expand overseas. Company chief executive officer (CEO), in charge of the FMCG business, VENKATESH VIJAYARAGHAVAN shares with Shine Jacob details about pricing pressure, cartelisation issues in the raw material space and the company’s roadmap, going ahead. Edited excerpts:
 
What are the key advantages of the current restructuring?
 
We are looking at a turnover of Rs 5,000 crore in the next three years. Th­is will be achieved thr­ough a combination