Written by R.Venkat Reddy Wednesday, 03 August 2011 15:48
L'Oreal SA plans to invest Rs5bn to open more factories, laboratories and an innovation centre in India, which the French cosmetics giant wants to be one of its top six markets in the world by the end of this decade, management said. The company also plans to take several brands developed in the country to other markets.Add a comment
Written by Rohini Tuesday, 02 August 2011 15:29
The first mover advantage is just one of the reasons for HUL increasing its lead over Colgate in the gel toothpaste segment. Colgate-Palmolive is the overall market leader in the Rs 30bn Indian toothpaste market.
But the crown has eluded Colgate in the fastest growing segment of the toothpaste market — the Rs9bn gel segment — where Hindustan Unilever’s Close Up has widened its lead with a 60% share.Add a comment