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Emami Acquires 26% Stake In Axiom Ayurveda, Enters Fruit Juice segment

The personal care and healthcare major, Emami has acquired a 26 per cent equity stake in Axiom Ayurveda. Emami dives into the juice segment under Axiom Ayurveda’s brand AloFruit, according to the media release.  However, the company didn’t reveal the amount of the investment. Harsha V Agarwal, Vice Chairman & MD, Emami said, “We are […]

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News Sector

FMCG Industry Expects Rural Sales To Rise In Coming Quarters: Emami

The FMCG industry expects rural sales to rise in the coming quarters, while prices for some items may fall as inflationary pressures begin to ease. Government investment in infrastructure and greater expenditure on rural regions would improve employment creation and development in rural areas, which would be beneficial to the FMCG sector’s growth, according to […]

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