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Vanesa in an expansion mood


FMCG firm Vanesa Inc said it will invest up to Rs 150 crore over the next three years on acquisitions and expansion into overseas markets. The company is aiming for an 80 percent jump in turnover to over Rs 350 crore this fiscal. “We are planning to invest in other countries and take the brand to eastern European and African countries. We are also looking at acquisitions and maybe collaborations with local distributors over there,” said Saurabh Gupta, Director, Vanesa Inc.

Source: economictimes.indiatimes.com