Himalaya Drug Company eyes doubling sales to Rs 4,000 cr by FY20
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New Delhi: Herbal wellness major Himalaya Drug Company is looking to double its sales turnover to Rs 4,000 crore in the next four years as it sharpens focus on wellness, babycare and personal care portfolio.
"We are looking at doubling our turnover to Rs 4,000 crore from Rs 2,000 crore at present in the next four years. We will register a CAGR of 20-25 per cent over the next four years. Our growth drivers will be wellness, baby care and personal care products," its CEO Philipe Haydon told .
At present, Himalaya's biggest vertical personal care contributes 42 per cent to its total sales, followed by pharmaceutical 34 per cent, baby care 13 per cent, animal health 4 per cent and wellness 4 per cent.
Elaborating on its wellness range, Haydon said: "Wellness portfolio is the fastest growing vertical in our company...we are looking at creating and defining wellness category in India. We will aggressively promote our wellness products as we truly believe it has the potential to revolutionise health management in India."
"We are looking at doubling our turnover to Rs 4,000 crore from Rs 2,000 crore at present in the next four years. We will register a CAGR of 20-25 per cent over the next four years. Our growth drivers will be wellness, baby care and personal care products," its CEO Philipe Haydon told .
At present, Himalaya's biggest vertical personal care contributes 42 per cent to its total sales, followed by pharmaceutical 34 per cent, baby care 13 per cent, animal health 4 per cent and wellness 4 per cent.
Elaborating on its wellness range, Haydon said: "Wellness portfolio is the fastest growing vertical in our company...we are looking at creating and defining wellness category in India. We will aggressively promote our wellness products as we truly believe it has the potential to revolutionise health management in India."
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