The key listed Indian firms that have exposure to Bangladesh are Adani Power, VIP, Emami, Marico, Dabur, Asian Paints, Pidilite, Tata Motors, and Hero MotoCorp.
How legacy FMCG companies staged a comeback in their battle with new-age brands by investing in data-led strategies, acquisitions and premium product portfolio.
According to Harsha Vardhan Agarwal, vice-chairman and managing director, Emami, investing in new-age companies is a good way to foray into newer categories.
This transaction is an important step in our group’s stated objective of becoming debt-free and with this transaction, we will substantially achieve this objective, said Emami Group.
The Kolkata-headquartered group is working on a strategy to repay debt raised for other businesses, while trying to bring down pledged promoter holdings in its FMCG company.