Godrej Consumer Products Ltd. to Invest INR 250 Crores in PT Godrej Consumer Products Indonesia for 15% Capacity Addition

Godrej Consumer Products Ltd. has announced that its material subsidiary, PT Godrej Consumer Products Indonesia, will be investing INR 250 Crores in setting up a new manufacturing site at Kendal, Indonesia. The new site is expected to add approximately 15% capacity in Home Care and Personal Care categories, and is projected to come on stream within 18-36 months. The project will be funded through a mix of internal accruals and debt. The rationale behind this investment is to cater to the growing demand of the customers and to consolidate the manufacturing footprint.