In a bid to boost the company’s export revenues, Jyothy Laboratories is all set to establish its subsidiary in Bangladesh from April this year. At present, the export revenues are very miniscule to the topline of the company but this subsidiary will help ramp up the firm's presence and boost revenues.
With the help of setting of new subsidiary, the company also plans to roll out its recently acquired brands of Henkel which have strong brand equity in the Bangladesh market.
Further, the company is bullish on other West Asian countries and North African countries as the company feels it will turn out to be one of the biggest markets with such a humongous population in the years to come.
| Company Name | CMP |
|---|---|
| Hindustan Unilever | 2235.50 |
| Godrej Consumer Prod | 1104.25 |
| Dabur India | 442.25 |
| Colgate Palmol. (I) | 2129.80 |
| P&G Hygiene | 9948.35 |
| View more.. | |
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