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Time of India
18 hours ago
- Business
- Time of India
Colgate Palmolive to introduce more brands in India from its global portfolio
FMCG major Colgate-Palmolive (India) plans to introduce more brands here from the company's global portfolio to upscale its play in India -- one of the drivers for its growth, MD & CEO Prabha Narasimhan said on Monday. The company, having presence in the country with two brands - Colgate and Palmolive - currently operates in the oral care and personal care, and is in "active ongoing conversation" with the parent firm for expanding the portfolio. "We are very excited about what all we can do in India, both with our existing brands and portfolio, and with what we can do with the things that we can bring in from the globe. We have tremendous support from our global counterparts in terms of their excitement about what we can achieve in India," Narasimhan told PTI. About the Palmolive brand, which is currently operating in the personal care space with a premium body wash and hand wash range, Narasimhan said, they have tremendous potential and grow at 20 to 30 per cent CAGR. When asked as whether Colgate-Palmolive India Ltd (CPIL) will extend the brand Palmolive in new segments, she added she would rather focus on introducing more brands. "Actually, more than extending the brand Palmolive, we have a lot of products portfolio that is available globally. We are looking to see what of that product portfolio can legitimately be brought into India and make sense for the Indian consumer, and leverage the strengths that Colgate Palmolive India has. So that's a very active ongoing conversation," she added. CPIL, which has been operating in India for the last 88 years, currently contributes around 4 to 5 per cent of the global revenue of the Midtown Manhattan, New York City-based multinational consumer products major Colgate-Palmolive Company. According to Narasimhan, "in the coming years, the contribution of India will certainly increase." India, with its over 1.4 billion population, is always a "central part" of Colgate's global strategy and is now among five markets, which are called out as being the drivers of growth. "If you listen to our global CEO... who was speaking even recently at a conference where he talked about the fact that India will add more middle-class people in the next few years than any other country in the world, and therefore represents a tremendous opportunity for us," she said. Besides, on the channel side, CPIL, as per its strategy, is also extending its play into the fast-growing e-commerce channels , by adding more digital-first brands, exclusive to online sales channels. It has launched Colgate Purple and Max Fresh Sensories range, mouthwash sticks, which is for a small audience in the market. "We have quite a few, and we have a pipeline of many more," she added. However, she also added that traditional trade, which is neighbourhood kirana stores, is actually the bulk of CPIL's business and critical for the company. It has a "tremendous relationship" with its distributors, many of whom have been with it for decades. Earlier in May, All India Consumer Products Distributors Federation (AICPDF), an umbrella body of FMCG distributors pan-India, had called for the suspension of the purchase of all products of CPIL in Maharashtra, alleging deep discounting by it in favour of quick commerce channels. However, Narasimhan said there is "enough room" for all the channels in the market. Talking about the trend of consumers becoming more health-conscious, seeking better products and organic options, Narasimhan said consumers buy benefits and CPIL has the right science to deliver all of these benefits. Recently, the oral care segment has witnessed heightened competition, where several brands have launched their toothpaste based on ingredients derived from traditional ayurveda and organic options. "Indian consumers are sensible enough to know that they look for a benefit, they find products that deliver to that benefit, and that's our primary job," she said.
Time of India
a day ago
- Business
- Time of India
Colgate Palmolive to introduce more brands in India from its global portfolio
FMCG major Colgate-Palmolive (India) plans to introduce more brands here from the company's global portfolio to upscale its play in India -- one of the drivers for its growth, MD & CEO Prabha Narasimhan said on Monday. The company, having presence in the country with two brands - Colgate and Palmolive - currently operates in the oral care and personal care, and is in "active ongoing conversation" with the parent firm for expanding the portfolio. "We are very excited about what all we can do in India, both with our existing brands and portfolio, and with what we can do with the things that we can bring in from the globe. We have tremendous support from our global counterparts in terms of their excitement about what we can achieve in India," Narasimhan told PTI. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like When Alone - Wrap Foil Around Your Doorknob (Here's Why) Life Hacks 101 About the Palmolive brand, which is currently operating in the personal care space with a premium body wash and hand wash range, Narasimhan said, they have tremendous potential and grow at 20 to 30 per cent CAGR. When asked as whether Colgate-Palmolive India L Ltd (CPIL) will extend the brand Palmolive in new segments, she added she would rather focus on introducing more brands. Live Events "Actually, more than extending the brand Palmolive, we have a lot of products portfolio that is available globally. We are looking to see what of that product portfolio can legitimately be brought into India and make sense for the Indian consumer, and leverage the strengths that Colgate Palmolive India has. So that's a very active ongoing conversation," she added. CPIL, which has been operating in India for the last 88 years, currently contributes around 4 to 5 per cent of the global revenue of the Midtown Manhattan, New York City-based multinational consumer products major Colgate-Palmolive Company. According to Narasimhan, "in the coming years, the contribution of India will certainly increase." India, with its over 1.4 billion population, is always a "central part" of Colgate's global strategy and is now among five markets, which are called out as being the drivers of growth. "If you listen to our global CEO... who was speaking even recently at a conference where he talked about the fact that India will add more middle-class people in the next few years than any other country in the world, and therefore represents a tremendous opportunity for us," she said. Besides, on the channel side, CPIL, as per its strategy, is also extending its play into the fast-growing e-commerce channels, by adding more digital-first brands, exclusive to online sales channels. It has launched Colgate Purple and Max Fresh Sensories range, mouthwash sticks, which is for a small audience in the market. "We have quite a few, and we have a pipeline of many more," she added. However, she also added that traditional trade, which is neighbourhood kirana stores, is actually the bulk of CPIL's business and critical for the company. It has a "tremendous relationship" with its distributors, many of whom have been with it for decades. Earlier in May, All India Consumer Products Distributors Federation (AICPDF), an umbrella body of FMCG distributors pan-India, had called for the suspension of the purchase of all products of CPIL in Maharashtra, alleging deep discounting by it in favour of quick commerce channels. However, Narasimhan said there is "enough room" for all the channels in the market. Talking about the trend of consumers becoming more health-conscious, seeking better products and organic options, Narasimhan said consumers buy benefits and CPIL has the right science to deliver all of these benefits. Recently, the oral care segment has witnessed heightened competition, where several brands have launched their toothpaste based on ingredients derived from traditional ayurveda and organic options. "Indian consumers are sensible enough to know that they look for a benefit, they find products that deliver to that benefit, and that's our primary job," she said.
Time of India
23-04-2025
- Automotive
- Time of India
Supreme Court to Govt: Show us your EV roadmap
The Supreme Court on Tuesday asked the Indian government to submit details of its evolving policy decisions to promote the use of electric vehicles (EVs) and the infrastructure provided to support them. The court was hearing a Public Interest Litigation (PIL) seeking proper implementation of EV promotion measures. A bench comprising Justices Surya Kant and N Kotiswar Singh granted four weeks to Attorney General R Venkataramani to respond to the court's queries. The matter has been listed for further hearing on 14 May. The PIL was filed by the Centre for Public Interest Litigation (CPIL), and senior advocate Prashant Bhushan appeared on its behalf. Bhushan said the government had to provide the basic infrastructure for EV usage if it wanted people to adopt cleaner transport alternatives. He pointed out that one of the major obstacles to EV adoption was the lack of charging infrastructure, citing that charging stations were spaced up to 400 kilometres apart. Bhushan also questioned how other departments could be expected to transition to EVs if the government itself had not yet set an example by using them. Responding to this, Justice Surya Kant remarked that the responsibility was not the government's alone, and that other institutions must also contribute to the transition. The bench then turned its attention to future employment risks, expressing concern over the rapid growth of Artificial Intelligence (AI) and its possible impact on jobs. Live Events Justice Kant referred to a case where a driverless Uber car powered by AI had recently picked up a passenger in California. He said, 'My worry is that the AI should not eliminate the employment of these drivers... In India, being a driver is a big source of employment.' He added that AI was evolving at a rapid pace, with technology modules becoming outdated within months. The PIL called for the implementation of a 2012 government policy promoting the use of EVs. The policy had mandated electric vehicles for public transport and use by government departments. It also required the installation of charging stations at public buildings. The court's interest in the matter was driven by concerns both about the slow rollout of infrastructure and the long-term consequences of emerging technologies on employment.
