The Sweden-based cosmetics company Oriflame is set to introduce 150 more products in India by next year, as competition among direct-selling companies in India rises with the entry of more multi-national players.
Britannia, which holds over 38 per cent of the market in value terms, is investing Rs 130 crore (Rs 1.3 billion) to increase its capacity, 433,000 tonnes of biscuit last year, by 20,000 tonnes.The move is designed to wrest market leadership in volume terms as well, a position now held by rival Parle.
Hindustan Unilever already has operations across the world. It is therefore consistently improving its product mix to introduce premium variants in its product portfolio. In the April-June quarter, the company launched premium products.
Hindustan Unilever is associating with small-format retail through its Super Value Store, Dabur with Parivaar and Marico with Mera. At many shops, the counter has been modified into a U or L shape so that the shopper can move and pick items.
The two groups have another JV, Wadia BSN, set up in 1996 to launch Groupe Danone's products from its global portfolio. However, nothing has been launched through the JV till date and Danone is in negotiations with the Wadias to dissolve the JV.
Market research company, AC Nielsen, in its monthly retail sales audit of consumer goods, has identified 24 categories in the personal grooming space that are growing at an average rate of 13 per cent.
Beverages major, Coca-Cola India, will use the might of Mumbai dabbawallas to lure customers to sample its orange juice drink, Minute Maid Pulpy Orange.
Danish beer giant Carlsberg is looking at increasing investments in manufacturing and distribution in India.
Mattel step may improve toy quality in India.
Mumbai-based fashion apparel manufacturer Spykar Lifestyle recently received $5 million (Rs 20 crore) investment from private equity firm Avigo Capital Partners.
International brands like Roca, Kohler and H&R Johnson plan to expand their scale of operations in India. The expansion will be either through brownfield expansion of their joint venture partners or through setting up greenfield ventures.
Reach out-of-court settlement on trademark violation.
In the last two years, a clutch of home-grown fast-moving consumer goods (FMCG) companies sought growth by acquiring companies overseas.
South-based CavinKare announced plans to expand its salon brand, Green Trends, from the current 35 to 70 by the end of 2007 and 140 by end-2008.
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