The company has established a subsidiary Jyothy Fabricare Services Ltd for the purpose, its Deputy Managing Director Ullas Kamath told reporters in Bangalore on Tuesday. It would provide premium service through Fabric Spa in June. To begin with, the venture would comprise one main service station, five quick service stations and 25 collection and delivery stations here, he said.
Future Group and V-Mart have put in place systems to prevent panic buying at their neighbourhood grocery stores.
Many consumer good companies say they will pass on the benefits to consumers, which will bring down prices.
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Rather than move up the echelons of finance management, he was part of crisis management at his first employer, and then the commercial head of home and personal care products and, lately, chairman of Middle East and North Africa for Unilever, the second-largest fast-moving consumer goods company in the world.
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