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VERIFIEDET Finance·negative
Godrej Consumer’s new CEO Malbari lays out an execution overhaul in first investor call
AI Summary
- ·Godrej Consumer Products' new CEO identified execution failures and weak core growth as key challenges.
- ·The company plans to invest Rs 150 crore in R&D and increase digital marketing expenditure.
- ·Distributor inventory in India is too high and is expected to take three quarters to correct.