Godrej Consumer Products Ltd (GCPL) plans to invest ₹700 crore over the next two years to expand its manufacturing capabilities both in India and overseas, reflecting confidence in a potential recovery in FMCG demand over the next 12 to 18 months.
The planned capital expenditure will support the commissioning of new production lines at recently inaugurated factories in North and South India, and the establishment of a new manufacturing facility in Indonesia.
“Our investment will enhance the capacities of the two factories we’ve launched in North and South India, where several production lines are yet to be operational. Additionally, we will set up a new facility in Indonesia within the next two years,” said Sudhir Sitapati, Managing Director and CEO of GCPL.
He also highlighted the growing importance of quick commerce as a sales channel, noting that it effectively serves all FMCG pack sizes, with mid-size packs — which offer the highest margins — being particularly well-suited for this model due to its structured inventory and focused distribution.
GCPL continues to prioritize strengthening its supply chain, improving product accessibility, and boosting operational efficiency in order to align with shifting consumer needs and capitalize on the anticipated market rebound.
News by Rahul Yelligetti.