Godrej eyeing acquisitions in Asia, Africa

Godrej Consumer ProductsKolkata, April 7 : Godrej Consumer Products Ltd (GCPL) Thursday said it was looking for acquisitions in Asia, Africa and South America.

"If you ask about our company's stand in terms of overseas acquisitions, we are looking at right opportunities in basically three continents - Asia, Africa and South America," GCPL's executive vice president (marketing) Tarun Arora told reporters.

The company was focussing on home care, hair care and personal wash categories, he said.

"Moreover, in the domestic market, we are looking at more organic growth. Some of our acquired overseas products might be introduced in the Indian market.

"Our growth in India will be based on innovations, relaunching and restaging of our products. Our focus will be more on those sectors since, soaps, insecticides and hair care constitute 90 percent of our revenue," Arora added. (IANS)