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Procter & Gamble India Shifts Focus From Unprofitable Business To Improve Revenue Performance

April 28, 2016: 12:00 AM EST
Procter & Gamble said it plans to focus more on its profitable businesses in order to improve revenue performance in India. For the past three quarters, P&G’s skincare, haircare, and detergent businesses in India have been growing in single-digit rates. According to Edelweiss associate director of research Abneesh Roy, the company is expected to “de-focus” on its Duracell, AmbiPur air fresheners, Old Spice after-shave lotion, and Oral-B toothpaste brands.
Kalyani Pandey, "P&G shifting away from its 'unprofitable' India business", International Business Times , April 28, 2016, © International Business Times, India Edition
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