Dabur plans new units in India, abroad
Dabur India, leading FMCG Company, plans to set up three manufacturing facilities in India as well as abroad, which will be functional by June-July coming fiscal.
Dabur India functionaries stated in a communiqué that out of the proposed three facilities, one will be opened in Himachal Pradesh, one in Uttaranchal, and one in Egypt.
The sources informed that the units will basically manufacture haircare, besides Hajmola and other digestive products.
The sources further informed that all the three units will entail an investment between Rs 50-70 crore.
According to an official release, the funding for the proposed endeavor would be done entirely from internal accruals.
During the current year, Dabur had purchased Fem Care and rolled out several new products which include Real Burrst, a fruit drink, Uveda, a skin- care product, besides light hair oil and shampoos.
As per latest results filing, the company has registered a net profit of Rs 391.21 crore last year with gross sales of Rs 2,834.11 crore.