LABEL December 2013 | Page 11

LABEL Issue III NEWS FMCG Sahara Q Shop plans 1,000 shops in Andhra Pradesh by 2016 FMCG major ITC sets up store locator to give sales a big push Sahara Q Shop, the FMCG and retail arm of Sahara India Pariwar, has announced that it is set for a major expansion in Andhra Pradesh where it plans to open 1,000 exclusive brand outlets by March 2016 generating 7,000 jobs. ITC has mapped more than 20 lakh stores including organised retail and kirana outlets across India with near real-time information on the availability of its fast-moving consumer goods (FMCG) on an online platform that the company hopes will revolutionise distribution and consumer engagement in the Indian market and help it gain ground on market leader Hindustan Unilever. Dabur India hikes FII investment limit to 30 per cent FMCG firm, Dabur India Ltd today said its board of directors have approved increasing the investment limit for Foreign Institutional Investors (FIIs) in the company to 30 per cent from 24 per cent at present. CavinKare launches Indica 10 minutes Creme Hair Colour Strengthening its presence in the hair colour market, FMCG major CavinKare today launched an upgraded variant of its popular Indica 10 minutes Creme Hair colour. "Indica 10 minutes transforms the hair in just 10 minutes and on an average lasts for upto 26 days... ", Chennai based CavinKare Ltd said in a statement. Amway to set up Rs 500-cr manufacturing facility in Tamil Nadu Direct selling FMCG major Amway India will set up a Rs 500-crore greenfield manufacturing facility in Tamil Nadu to cater its products in the Indian market. . 10 | P a g e