Emami expects Q-commerce channel to grow five-fold in 2 years: VC & MD

Home-grown FMCG major Emami expects four to five-fold growth in sales through quick commerce channels in the next two years, the company's Vice Chairman & MD Harsha V Agarwal said on Monday.

Besides, it is also looking for more acquisition opportunities in D2C (direct-to- consumer) segments in sectors like nutrition, pet care or health food.

The Kolkata-headquartered company is quite encouraged by a good monsoon this season and is "optimistic" for good festive season sales, even from the rural markets, which were lagging.

Emami has recently acquired the remaining 49.6 per cent stake in Helios Lifestyle, which owns men's grooming brand 'The Man Company'.

Besides, it had acquired a 26 per cent stake in Axiom Ayurveda, marking its entry into the packed juice business and increased its stake in pet care product maker Cannis Lupus.

"...we have been very aggressive in the acquisition and even going forward, we are looking for acquisitions, be it full acquisitions or partnering with D2C