Reckitt hopes sustained growth in India in 2025
British FMCG major Reckitt expects a "sustained strong volume growth" from markets in India throughout this year, its global chief executive officer Kris Licht has said
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New Delhi: British FMCG major Reckitt expects a "sustained strong volume growth" from markets in India throughout this year, its global chief executive officer Kris Licht has said.
Reckitt, which owns popular brands as Dettol, Lysol, Durex, Harpic and Veet etc had seen "some really strong volume growth in emerging markets led by China and India" in the January-March quarter, said Licht in the earnings call earlier this week. "... We fully expect sustained strong volume growth in China and India and in other emerging markets as we go through this year," he said while replying to a query on growth.
During the March quarter, the India market "performed well" up in high single digits, driven by its two leading brands Dettol and Harpic. Besides, Reckitt's VMS (Vitamins, Minerals, and Supplements) segment also performed well in India.