On Earth Day, Marico Ltd, a leading FMCG company, reaffirmed its commitment to sustainability with a target of using 93% renewable energy by 2030. The company began its transition to clean energy in 2017 and has made significant progress since then. Marico has launched a formal Sustainability Roadmap with ambitious targets, including achieving net-zero emissions across its global operations by 2040 and in India by 2030. To achieve this, the company aims to scale up its renewable electricity usage to 93% by 2030, a threefold increase since 2017.

Currently, Marico meets 67.4% of its operational energy requirements through clean energy sources, having already doubled its usage of renewable energy. The company plans to reduce direct greenhouse gas emissions by 93% and offset the remaining 7% through sequestration and carbon offset by 2030. To further its renewable energy journey, Marico’s Jalgaon unit has signed a Green Energy Agreement with Maharashtra State Electricity Distribution Company Ltd. to source 100% green energy.

According to Amit Bhasin, Chief Legal Officer at Marico, the company recognizes the importance of environmental stewardship and is committed to minimizing its impact on the planet. Marico has implemented sustainable practices into its operations and partners with environmentally conscious suppliers. The company has taken pioneering steps, such as transitioning to coal-free operations and implementing agro-fuel-based boilers, to reduce its environmental footprint.

Marico ensures transparency in reporting its progress towards measurable goals and believes that integrating environmental responsibility into its core values will enable it to sustain a thriving business and a healthy planet for generations to come. With its commitment to sustainability, Marico is taking significant steps towards achieving its vision of a net-zero future. The company’s efforts demonstrate its dedication to reducing its environmental impact and promoting responsible business practices, making it a leader in the FMCG industry.

Juhi Singh has been appointed as the new Head of Digital Transformation at Marico, a leading Indian consumer goods company. In her new role, Singh will be responsible for driving the company’s digital transformation agenda, leveraging technology to enhance customer experiences, streamline processes, and drive business growth.

Singh brings over 15 years of experience in the field of digital transformation, having worked with prominent companies such as American Express, AT Kearney, and Accenture. Her expertise lies in creating a culture of innovation and experimentation, and she has a proven track record of delivering successful digital transformation projects.

At Marico, Singh will be responsible for leading cross-functional teams to design and implement digital solutions that align with the company’s business goals. She will also work closely with various stakeholders, including business leaders, IT teams, and external partners, to ensure seamless integration of digital technologies with the company’s existing infrastructure.

Marico has been actively exploring digital technologies to enhance its operational efficiency, improve customer engagement, and expand its reach. Under Singh’s leadership, the company aims to accelerate its digital transformation journey and become a leader in the digital consumer goods space.

Singh’s appointment comes at a time when Marico is poised to expand its digital presence, with a focus on e-commerce, online marketplaces, and social media. Her expertise in digital transformation will be instrumental in helping the company navigate this critical phase and achieve its long-term growth goals.

Overall, Juhi Singh’s appointment as Head of Digital Transformation at Marico marks a significant milestone in the company’s digital transformation journey. With her extensive experience and expertise, she is well-positioned to drive innovation and growth, and help Marico become a digital-first consumer goods company.

I couldn’t find any content from MSN on Marico’s founder discussing consumer sentiment in India. However, I can provide a general response based on Marico’s business and industry.

Marico Limited is a Mumbai-based Indian multinational consumer goods company that operates in the beauty and health space. The company was founded in 1988 by Harsh Mariwala, and its portfolio includes brands such as Parachute, , and Surya Herbal among others.

Regarding consumer sentiment in India, various surveys and studies indicate that despite rising inflation, Indian consumers remain optimistic about their spending habits. A survey conducted by market research firm Nielsen found that Indians are becoming increasingly optimistic, with 52% of respondents feeling more confident about future economic conditions.

However, the Indian consumer market is also experiencing a transformation driven by changing demographics and rising affluence. The younger generation is increasingly turning to digital platforms to make purchasing decisions, and their preferences are shifting towards premium, high-quality products that meet their evolving needs.

Marico’s founder, Harsh Mariwala, has spoken about the company’s business philosophy, which focuses on innovative products and strong distribution networks. He emphasizes the importance of connecting with changing consumer behavior and leveraging technology to enhance product development and distribution.

Mariwala has also expressed confidence in India’s economic growth prospects, despite rising inflation. He believes that the country’s growing middle-class population, coupled with government initiatives aimed at boosting consumption, will drive long-term growth for consumer goods companies like Marico.

In terms of consumer behavior, Mariwala has noted that Indian consumers are becoming more aspirational and willing to spend on premium, high-quality products. He believes that this trend presents opportunities for companies like Marico to innovate and position themselves as market leaders in their respective categories.

While inflation remains a concern, Marico’s business model, which focuses on a mix of premium and mass-market offerings, appears resilient. The company’s dominant presence in various categories, combined with its ability to navigate changing consumer preferences, positions it well to navigate India’s evolving consumer market. As the company continues to expand its portfolio and distribution network, it will be interesting to see how Marico leverages these opportunities and adapts to the changing market dynamics.

Bank of America has released a report on the Indian consumer sector, highlighting its top picks and areas of concern ahead of the March quarter results. The brokerage has named Titan Co., United Spirits Ltd., and Marico Ltd. as its top picks, while expressing caution on Avenue Supermarts Ltd. The report highlights that Marico, Varun Beverages Ltd., United Spirits, and Tata Consumer Products Ltd. are among the companies showing double-digit topline momentum. However, it flags that DMart is facing earnings and valuation pressures due to heightened competitive intensity.

The report notes that broader trends in the Indian consumer space remain stable, but a meaningful recovery is still elusive. Bank of America expects the sector to witness similar trends as last quarter, with largely unchanged year-on-year trends across staples and discretionary segments. The brokerage expects around 7% year-on-year Ebitda growth and flat to moderate revenue gains for most names in its coverage.

The report also highlights that pricing growth in staples is improving, but is still trailing earlier forecasts, and cost pressures are hurting margins across the board, excluding alcoholic beverage companies. Overall, the report suggests that Bank of America remains selective on the consumer sector, with a focus on companies that are showing strong growth momentum and are better equipped to navigate the challenging market conditions.

Storyboard18’s CXO Moves provides a round-up of key people movements in the brand marketing ecosystem. Here are the notable executive movements:

* Bishwajeet Samal, previously the global lead – campaigns and media management at Volkswagen, has been named head of marketing and public relations at Volkswagen India.
* Josh Line, with experience at Bates Worldwide, TBWA\Chiat\Day, and Anomaly, has been appointed as Yahoo’s new CMO.
* Gagandeep Bedi, previously head of marketing – offline at Infinix India, has been named head of marketing at Motorola India.
* Anuja Mishra, chief marketing officer at Honasa Consumer, has tendered her resignation, effective June 30, 2025.
* Mauro Porcini, previously SVP and chief design officer at PepsiCo, has been appointed as president and chief design officer at Samsung Electronics.
* Koteshwar L N, EVP and head of digital business at Marico, has stepped down from his position.
* Harsh Kapadia, former EVP and chief creative officer at MRM, has been appointed as chief creative officer at Grey.
* Jitender Dabas, previously chief operating officer and CSO at McCann Worldgroup India, has been named CEO at Cheil X.
* Rohitash Srivastava, national planning head at North India for Ogilvy, has been appointed as chief strategy officer at 82.5 Communications.
* Dhruv Agarwala, executive officer at REA India, has stepped down from his position.
* Pravin D Chaudhari, executive officer at Kansai Paint Co, has been elevated to managing director at Kansai Nerolac Paints.
* Shibashish Roy, with experience at Voltas, Tata Steel, and Tata Motors, has been elevated to a top role at Croma.

These moves highlight the changing landscape of the branding and marketing industry, as professionals move between companies, roles, and industries.

Harsh Mariwala, the founder and chairman of Marico, recently shared three key pieces of advice for young entrepreneurs on surviving in a highly competitive business environment at the Mint’s India Investment Summit and Awards 2025. The three advice points focus on differentiation, talent and culture, and good governance.

Mariwala emphasized the importance of differentiation in a competitive market, stating that entrepreneurs must focus on being unique and different from others. He also highlighted the need for market research, but cautioned that there is no shortcut to launching a product in the market, and that consumer insights are crucial.

The second point Mariwala made was the significance of having good talent and a strong work culture. He advised entrepreneurs to attract and retain top talent by having a strong culture within the organization, which would motivate employees to perform better and enjoy working.

Lastly, Mariwala stressed the importance of good governance, regardless of company size. He warned that taking shortcuts in governance can lead to devastating consequences, such as destroying a business. He emphasized that having good governance is essential for long-term success and is crucial for entrepreneurs to focus on.

Mariwala’s advice is valuable for young entrepreneurs, and his experiences in the FMCG industry have given him a unique perspective on what it takes to succeed. His words of wisdom can be applied to various industries, and his emphasis on differentiation, talent and culture, and governance are essential for any entrepreneur looking to build a sustainable and successful business.

Harsh Mariwala, the Chairman of Marico, has shared his insights on leadership and building strong organizations. He emphasizes the importance of nurturing talent and creating a growth-focused culture. Mariwala didn’t have a fancy degree when he started building his business, but he had a clear goal: to build a team that was smarter than him.

He believes that real leadership is about creating space for talent to thrive, and he achieves this by hiring experts in their fields, including MBAs and CAs. Mariwala believes that his success is not about knowing everything, but about creating a work environment where people can grow and reach their full potential.

In a series of tweets, Mariwala highlights the importance of retaining good talent, as people will only continue to work in an organization that makes them happy, fulfilled, and allows them to grow. He also emphasizes the need for a culture that is transparent, trust-based, and meritocratic.

Mariwala also believes that individuals thrive when placed in roles that challenge and grow them. He stresses that hard work is important, but it’s not just about the number of hours clocked in, but about the quality and passion one brings to those hours. He argues that organizations should place people in roles that match their strengths, which helps to create an environment where they can thrive and reach their full potential.

Overall, Mariwala’s approach to leadership is centered around building a strong team, creating a growth-focused culture, and allowing individuals to grow and excel in their roles. He believes that this is the key to building a successful and sustainable organization.

Warren Buffett once said, “Volatility is far from synonymous with risk.” When evaluating a company’s risk level, it’s natural to look at its balance sheet, as debt is often involved in business failures. Marico Limited (NSE:MARICO) has debt, but the question is whether this debt poses a risk. To assess this, let’s examine the company’s cash and debt together. Marico has ₹4.98 billion in debt, but also has ₹14.5 billion in cash, resulting in a net cash position of ₹9.55 billion. This suggests that the company has a healthy balance sheet, with sufficient cash to offset its debt.

An analysis of the balance sheet shows that Marico has liabilities of ₹23.5 billion due within 12 months and ₹8.23 billion due beyond that. However, it also has ₹14.5 billion in cash and ₹13.1 billion in receivables due within 12 months. This means that its liabilities outweigh its cash and near-term receivables by ₹4.08 billion. Despite this, Marico’s liquid assets are well-balanced with its total liabilities, indicating that it has sufficient funds to manage its debt.

Marico’s recent growth of 7.6% in EBIT over the past 12 months should ease concerns about debt repayment. The company’s ability to maintain a healthy balance sheet going forward will depend on its future earnings performance. A business needs free cash flow to pay off debt, and Marico’s free cash flow equals 61% of its EBIT. This means it can reduce its debt when it wants to.

In conclusion, while it’s essential to examine a company’s debt levels, Marico’s net cash position provides reassurance that the company can manage its debt safely. The company’s ability to generate free cash flow and its recent growth in EBIT suggest that it can maintain a healthy balance sheet going forward.

Marico’s Harsh Mariwala’s Marico Innovation Foundation is a 20-year-old initiative that has nurtured and incubated various socially impactful innovations. In a conversation with Fortune India, Mariwala discussed the evolution of innovation in India Inc. He noted that innovation is now a top priority for corporate CEOs, but there is still much to be done. Many organizations are hesitant to take risks and invest in innovation due to fear of failure, which is not conducive to a culture of experimentation. Mariwala emphasized the importance of encouraging people to take risks and embracing failure as a learning opportunity.

The entrepreneur ecosystem has evolved significantly over the years, with a rise in startups and entrepreneurs emerging from small towns with limited resources. Technology has enabled many of these entrepreneurs to leverage disruptions and launch new businesses. However, there is still a need for more social innovation in areas like healthcare, education, and agriculture.

Mariwala discussed several examples of climate-specific and sustainable entrepreneurial ventures, including Ishitva Robotics, which develops high-powered, AI-enabled garbage recycling machines. He also highlighted the potential for innovation in waste management, citing a project by ReSustainability, which aims to develop high-speed recycling machines to segregate and identify different types of plastics.

To set up impact-led enterprises, entrepreneurs need a mindset that is open to experimentation, risk-taking, and continuous learning from failures. Mariwala emphasized the importance of having a consumer mindset, working closely with customers, and being open to adopting innovations from abroad.

Many companies are talking about investing in sustainable practices, but few are truly walking the talk. Mariwala believes that sustainability initiatives can have a direct financial payback, citing benefits such as attracting top talent and improving an organization’s image. He emphasized that companies should consider multiple paybacks, including financial, social, and environmental, when evaluating sustainability initiatives. Overall, Mariwala’s views emphasize the importance of innovation, experimentation, and sustainability for driving growth and impact.

Here is a summary of the content in 400 words:

Marico, a well-established brand in the beauty and wellness space, is calling for a creative pitch for its new brand. The company appears to be looking for innovative and forward-thinking agencies with expertise in beauty and wellness to partner with. The agency’s pitch brief is to come up with an identity for the new brand, including a name, tagline, branding guidelines, and an initial visual identity system.

Marico is looking for an agency that can provide a complete rebranding strategy, including a deep understanding of the beauty and wellness industry, as well as the ability to differentiate the new brand in a crowded and competitive market. The company is seeking an agency that can think outside the box, bring a fresh perspective, and deliver a unique and compelling brand story.

The brief highlights several key areas of focus, including the agency’s ability to:

1. Conduct thorough research to understand the beauty and wellness industry, including consumer insights, market trends, and competitor analysis.
2. Develop a unique value proposition and differentiating strategy to set the new brand apart from competitors.
3. Create a brand positioning framework, including the brand identity, messaging, and tone of voice.
4. Design a comprehensive visual identity system, including a logo, color palette, typography, and imagery.
5. Develop an initial brand book that outlines the brand’s core principles, values, and guidelines for usage.

The agency selected for this project will have the opportunity to work closely with Marico’s in-house team to develop the new brand and shape its future. The project team will consist of a small group of senior-level executives who have extensive experience in the beauty and wellness industry.

Marico is looking for a specialized agency with a strong track record of success in rebranding and relaunching beauty and wellness brands. The agency should have a deep understanding of the industry, as well as a proven ability to deliver high-quality creative work on tight deadlines. The deadline for submissions is [insert date].