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Motilal Oswal Report
The management of Godrej Consumer Products Ltd. held an analyst meet to discuss the progress in its Indonesia business. Here are the takeaways-
The Indonesia business has been seeing gradual recovery in demand post the second Covid-19 wave despite a tough macroeconomic situation.
Given the recent bold economic reforms implemented by the Indonesian government, the management is confident Godrej Consumer has the building blocks in place to capitalise on these reforms and deliver double-digit profitable growth over the medium term.
the management aims to drive growth in its largest segment, household insecticides, through democratisation and premiumisation.
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