Home Retail Future Group to manufacture toothpaste, detergents

    Future Group to manufacture toothpaste, detergents

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    As part of company’s plan to cash in Rs 100 billion from its private labels by 2012, -led , which retails products including , apparels, jewellery and books & music across India through various retail chains under , has announced its plan to manufacture products like toothpaste, soap and detergents.

    Future Enterprises Q4 net profit stood at Rs 16.53 crore
    The company, erstwhile known as Future Retail, had posted a net profit of Rs 10.31 crore in the January-March quarter of the previous fiscal

    The group, which already has tie-ups with manufacturers such as Cargill, is learnt to be in talks with , Procter & Gamble, Hygiene Healthcare and ITC for manufacturing the products.

    “We are making a new strategy of developing consumer brands,” Kishore Biyani, CEO, Future Group told reporters at a news conference.

    Under Pantaloon Retail, Future Group runs 14 retail chains including , Food Bazaar, Central, Depot, Pantaloons, Top 10, Tulsi, Navaras, Fashion Station, Star Sitara and .

    —IndiaRetailing Bureau