Eveready Targets Rs 500-600 Crore Of Additional Revenue From FMCG Segment

Eveready to focus on scaling up its consumer goods segment with the launch of confectioneries business.

BQ Desk @bqprime

22 Jan 2018, 07:18 PM IST

Eveready battery arranged for a photograph in Mumbai (Photographer: Vishal Patel/BloombergQuint)

Eveready Industries Ltd. is looking at an additional revenue generation of Rs 500-600 crore over the next four years from its fast-moving consumer goods segment, with the launch of its confectioneries line.

The company is looking at an asset light business model for this business to scale up its consumer goods portfolio, said Amritanshu Khaitan, managing director of the battery manufacturer and supplier.

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