Marico: Food business to pip edible oil for Marico
MUMBAI: The diversification strategy undertaken by the Mariwala family-owned Marico to reduce its dependence on Parachute coconut oil and Saffola edible oil – its two traditionally strong, commodity-linked brands – has yielded results. The revenue contribution of coconut oil in the domestic business has come down by approximately 700 basis points(7%) over the last 5 … Read more