Will P&G s Tokyo Olympics Campaign Strike Gold Again? forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Will partner with government and local authorities to support vaccination drives.
27 Apr, 2021 - 08:34 AM IST | By indiantelevision.com Team
Mumbai: As India struggles to combat the record spike in Covid2019 cases, Procter & Gamble (P&G) announced on Monday that it will contribute towards the vaccination of over five lakh Indian citizens by pledging Rs 50 crore in partnership with government and local authorities in India.
For every P&G employee in India, the company will contribute towards the vaccination of 100 Indians, it said. The FMCG major said it will also cover the vaccination cost of its 5000+ employee force in India, and their eligible immediate family members.
MUMBAI: With India battling a deadly second wave of the pandemic, night curfews and partial-to-near-complete lockdowns seem to be the norm in many parts of the country. The last couple of weeks in particular have been more devastating with the nation witnessing an unprecedented pan-India surge in Covid cases. India Inc is stepping on the gas to ensure that employees and their
Poor health infrastructure taking a toll on Indian operations, says P&G
SECTIONS
Share
Synopsis
While FMCG growth recovered to 17% during the December quarter, the market growth tapered off significantly since then to 10%, according to a report by Bizom.
Getty Images
Procter & Gamble, the world s biggest consumer goods firm, said markets including India are worse than ever before and represent significant challenges due to failing health care infrastructure and rising infections. The health situation in markets like India, Brazil, Turkey is worse than it s ever been. The number of new cases, the number of hospitalizations, the number of deaths, unfortunately, was higher in the last week and over the weekend than I heard,” Jon Moeller, vice-chairman of P&G, told investors during its quarterly earnings call. “These markets do not have the healthcare infrastructure nor the financial means to provide subsidies to their citizenry.
P&G sees 50% increase in eCommerce, goes on price hike Details 22 April 2021
Proctor & Gamble (P&G) has reported a 50% increase in its eCommerce sales for the third quarter of its financial year of 2021 ended 31 March. Meanwhile, Jon Moeller, vice chairman and chief operating officer, said P&G s market shares in eCommerce are about equal to its brick-and-mortar [shares] .
According to Moeller, P&G is looking to scale its offerings in a way that best serve eCommerce and digital commerce consumers. One example of its initiatives is to improve on its packaging, particularly for liquid products. P&G wants to ensure its products survive the journey to a consumer’s home, up until the moment when he or she opens the box. The conditions that the bottle travels through are much more strenuous in an eCommerce context, and we need to have packaging that’s designed for that in mind, Moeller said.