Colgate Palmolive (India) has discontinued its manufacturing operations in Hyderabad factory pursuant to VRS offered to the employees of the factory.
The company has offered voluntary retirement scheme (VRS) to the employees working at its factory engaged in the manufacture of toothpowder at Hyderabad. Since the company is consistent with its caring approach, the compensation package offered under the VRS to the employees of the Hyderabad factory was fair and reasonable and commensurate with the recently offered in the vicinity.
All the employees have availed the benefit of the said scheme and the manufacturing operations in its Hyderabad factory has been discontinued effective from September 29, 2011. However, this will not impact the company’s toothpowder business as it has adequate capacity to cater to the demand of the market.
Colgate Palmolive (India) has trusted brands for dental care, personal care, home care and professional oral care. The company is the fastest growing and one of the oldest company catering to the personal care products.
Company Name | CMP |
---|---|
Hindustan Unilever | 2571.45 |
Godrej Consumer Prod | 1436.15 |
Dabur India | 619.00 |
Colgate Palmol. (I) | 2976.15 |
Galaxy Surfactants | 2640.05 |
View more.. |