Swedish consumer and paper goods company SCA and Indian FMCG major Godrej Consumer Products Limited are forming a 50:50 JV, christened as Godrej SCA Hygiene Limited, for the manufacturing and marketing of absorbent hygiene products such as sanitary napkins and baby diapers, in India, Nepal and Bhutan. The joint venture is being set up with an equity capital of Rs. 20 crores through equal investments by both the companies.
For more details, read the press release here.
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