The Kolkata-based Emami Group – valued at INR2,500 crore (INR25 billion, USD560.47 million) – already has its fingers in many pies, with a presence in a diverse list of industries, from healthcare to fast-moving consumer goods, retail, cement, edible oil and bio-diesel. But Radheshyam Agarwal, chairman of Emami said he continues to look for acquisitions in paper, edible oil, personal healthcare and mining.
According to analysts, Emami’s innovative skincare products are delivering results as its niche products in talcum powder, body lotions, petroleum jelly and glycerine soaps are selling well.
(Source: The Financial Express)