FMCG major Dabur India is betting big on its international business and plans to expand its manufacturing capacity to cater to the growing markets besides readying a slew of products for launch in new categories, a top company official said. Dabur, the fourth largest Indian FMCG firm with an annual turnover of `3,400 crore, aims to increase its foreign sales substantially to 25 per cent through both inorganic and organic expansion going forward.
“To drive growth this fiscal, we will invest `60-crore in expanding our manufacturing hubs — one each in Egypt and Nigeria and two in the Gulf,” Dabur (India) CFO, Mr S Raghunathan, said.