Emami Ltd, a major Fast-Moving Consumer Goods (FMCG) company, is planning to expand its presence in new international markets to accelerate its growth. The company’s Chairman, R S Goenka, announced this plan at the company’s Annual General Meeting (AGM) in Kolkata. According to Goenka, Emami’s international business has grown at a Compound Annual Growth Rate (CAGR) of 11% over the past five years.
To support its international growth, Emami has increased its manufacturing capabilities in key overseas markets, including Bangladesh, the Middle East, and Africa. The company is optimistic about its future growth prospects, citing a favorable operating environment with tapering inflation, moderating interest rates, and resilient rural sentiment.
Emami’s focus on the health and wellness segments is expected to drive strong revenue growth in the coming days. The company’s revenue for the 2024-25 fiscal year stood at Rs 3,809 crore. Goenka emphasized that Emami is committed to building a “future-ready consumer business,” indicating a strategic shift towards catering to the evolving needs of consumers.
By expanding into new international markets and focusing on health and wellness segments, Emami aims to accelerate its growth and increase its revenue. The company’s decision to scale up its manufacturing capabilities in key overseas markets is also expected to support its growth plans. With a favorable operating environment and a strong focus on health and wellness, Emami is well-positioned to achieve its growth objectives.
Overall, Emami’s expansion plans and focus on health and wellness segments are expected to drive growth and increase revenue in the coming days. The company’s commitment to building a future-ready consumer business and its strategic decisions to support international growth are likely to have a positive impact on its performance. As Emami continues to execute its growth plans, it will be interesting to see how the company performs in the coming years.