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It’s Unilever vs. P&G in India

Procter has big plans for growth, according to The Economic Times.

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By: TOM BRANNA

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Procter & Gamble may be a bit late to the party, but CEO Bob McDonald says India ranks among the most important emerging markets to invest in, thanks to a billion-plus population and the quality of local operations, according to an interview in The Economic Times. P&G’s business in India is growing 20% a year and is worth $1 billion. Now, the company is committed to investing over a billion dollars over five years in terms of capital and marketing, according to McDonald. ...

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