Godrej Consumer Products (GCPL) is aiming to triple revenue from its Indonesian business in next five years. The move comes as the over $3-billion (Rs 22,000 crore) group looks to grow top line 10-fold in the next decade. The company has been very aggressive on acquisition, buying at least 10 companies in the past six years.
In 2015-16, it acquired two - Canon Chemicals in Kenya and Strength of Nature in the US, spending nearly Rs 1,200 crore. The firm also completed acquisition of the balance 40 percent stake in Chilean company Cosmetica Nacional last year.
Godrej Consumer Products is the largest home-grown home and personal care company in India.
