Showing posts with label Procter & Gamble. Show all posts
Showing posts with label Procter & Gamble. Show all posts

Thursday, 16 April 2020

Procter & Gamble India to produce and donate face masks and hand sanitizers in response to COVI D-19

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P&G has already started manufacturing hand sanitizers and will soon begin production of face masks
India; April 15, 2020: Procter & Gamble (P&G), one of the leading FMCG companies in India, has stepped up its efforts to serve the country in response to COVID-19 under its response program ‘P&G Suraksha India’. The coort the government and relief organizations who are on the front lines of this pandemic in India. The producmpany has announced today that it will produce face masks and hand sanitizers for its employees, and to supption of hand sanitizers has begun in Roorkee, and the company has manufactured the first batch already. The company will soon begin manufacturing 3-ply face masks in Hyderabad.
Madhusudan Gopalan, MD & CEO, P&G Indian Subcontinent, said, “Under our program ‘P&G Suraksha India’ we are stepping up to support the government and those who are on the front line in India’s fight against COVID-19. We have started production of hand sanitizers and we will begin the production of masks soon, using it to ensure our people can continue operating safely and sharing it with those who are on the front line. To start with, we will donate 1.5 million masks to government and relief organizations to combat the spread of this pandemic. The face masks and hand sanitizers that we will make will also help us protect the health and safety of P&G people and to ensure that P&G can continue to serve Indian consumers with cleaning, health and hygiene products during this time when they are needed the most.”
In addition to the latest announcement, under its response and relief program ‘P&G Suraksha India’, P&G has also undertaken the following initiatives to serve the communities during this challenging time:
·         We are extending our support to the broader community through in-kind, product and critical supplies to aid frontline and essential workers who are tirelessly working to combat the spread of COVID-19
·         We are leveraging our advertising and brand voice on traditional and social media responsibly and our in-store and direct-to-consumer capability, to increase awareness on safety and hygiene measures among consumers and our community
·         We are playing a pivotal role in partnership with government to leverage best in class P&G Capabilities to raise the Health & Hygiene standards in retail stores and manufacturing units across the country
·         P&G employees in India are donating to the ‘PM Cares Fund’ to support India’s fight against COVID-19

Madhusudan further added, “The P&G people remain committed to manufacture and make our critically important cleaning, health and personal hygiene available to serve the people of India during these unprecedented times. We are making these products available following the highest safety and health standards and advice from government and medical authorities. We will continue to step up as a ‘Force for Good’ and leverage our innovation, manufacturing and marketing expertise to support our communities during this time of need.”

Thursday, 28 November 2019

Procter & Gamble India announces ₹200 crore ‘Environmental Sustainability Fund’ to collaborate with external partners on environmentally sustainable solutions

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The announcement is in line with P&G’s global sustainability goals ‘Ambition 2030’ aimed at creating a positive impact on the environment and society
P&G India is hosting the second edition of ‘P&G vGROW External Business Partner Summit’ on November 28 – 29, 2019, providing a platform to suppliers to pitch their solutions to P&G’s leadership team
P&G has already invested more than ₹200 crore through the ‘Innovation Sourcing fund’ set-up last year via collaboration with organizations including start-ups and small businesses 
Mumbai; November 28, 2019: Procter & Gamble (P&G) India today announced that it has set-up a ₹200 crore ‘Environmental Sustainability Fund,’ to collaborate with external partners offering environmentally sustainable business solutions. With this announcement, P&G also launched the second edition of ‘P&G vGROW External Business Partner Summit.’ vGROW is P&G’s first-of-its-kind platform to identify and collaborate with businesses and individuals offering industry-leading solutions.
The two-day summit offers a platform to potential partners like start-ups, small businesses, individuals and large organizations offering innovative industry-leading solutions to pitch to P&G’s leadership team. This year, the summit is focused on identifying and implementing step-changing environmentally sustainable solutions like packaging innovations, renewable sources of energy and reducing carbon footprint. The ‘Environmental Sustainability Fund’ comes in addition to the ongoing ‘Innovation Sourcing Fund’ launched last year.
Madhusudan Gopalan, MD & CEO, P&G Indian Subcontinent, said, “Environmental sustainability is a key pillar of our citizenship efforts, and embedded in our business strategy. We know that solving the biggest challenges requires collaboration that enables people, planet and businesses to thrive. We are delighted to set-up the ‘Environmental Sustainability Fund’ to collaborate with external partners in India, that are offering cutting-edge environmentally sustainable solutions in line with our strategy.”
Madhusudan further added, “India is a priority market for the company and continues to be at the forefront of innovation. Last year we announced the ‘Innovation Sourcing Fund’ through which we have already invested more than ₹200 crore on implementing innovative solutions in collaboration with external partners from across India. Building on this, we are confident that this year, through ‘vGROW’ we will be able to identify and implement transformational sustainable solutions from partners across India that will lead to a positive impact on the environment while creating value for the company, partners and consumers.”
Last year, P&G set-up the ‘Innovation Sourcing fund’ to collaborate with external partners offering cutting-edge innovative solutions. Over the last year, P&G received 1000+ applications from start-ups, small businesses, university incubation centers and large organizations. The company has already invested more than ₹200 crore in collaborating with organizations offering innovative solutions like agile supply chain solutions, raw material innovations, superior brand and marketing solutions for consumers, innovation on packaging, productivity ideas etc. P&G will continue to invest in innovative solutions via this fund in line with the business strategy.
vGROW is P&G’s first-of-its-kind platform to identify and collaborate with businesses and individuals offering industry-leading solutions. It aims at providing a platform to external business partners to pitch their solutions to P&G’s leadership team. To come up with innovative solutions via external business partnerships, P&G has its online platform ‘P&G Hackathon’ which connects external business partners like individuals, start-ups, small businesses, large organizations with innovative solutions to the company’s needs, thereby creating a collaborative ecosystem.
About Procter & Gamble 
P&G serves consumers in India with one of the strongest portfolios of trusted, quality, leadership brands, including Vicks ®, Ariel®, Tide®, Whisper®, Olay®, Gillette®, AmbiPur®, Pampers®, Pantene®, Oral-B®, Head & Shoulders® and Old Spice®. P&G operates through 3 entities in India of which 2 are listed on NSE & BSE. The listed P&G entities are: ‘Procter & Gamble Hygiene & Health Care Limited’ and ‘Gillette India Limited’, whereas the unlisted entity (which is a 100% subsidiary of the parent company in the U.S) operates by the name ‘Procter & Gamble Home Products Ltd.’ Please visit http://www.pg-India.com for the latest news and in-depth information about P&G India and its brands.

Tuesday, 13 August 2019

Procter & Gamble partners with WE Hub, a State Government initiative, to identify and collaborate with startups

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Select startups to pilot innovative solutions P&G’s Hyderabad plant that manufactures Ariel®, Tide® and Pampers®  
Three startups were shortlisted from 55+ applications and after a pitching process during P&G’s vGROW Summit held recently at WE-Hub office in Hyderabad
Hyderabad, August 13, 2019: Procter & Gamble (P&G) in partnership with WE Hub, the first-of-its-kind state-run platform for Women Entrepreneurs, recently concluded its first Telangana edition of vGROW Summit. vGROW is P&G’s first-of-its-kind platform to identify and collaborate with businesses and individuals offering innovative industry-leading solutions. Three startups were selected to pilot innovative digitization and energy optimization solutions at P&G’s Hyderabad plant that manufactures Ariel®, Tide® and Pampers®. This partnership is in line with P&G’s commitment to invest in Indian startups and inclusive growth.
More than 55 startups, from across India, applied through WE Hub. The shortlisted applicants were then given an opportunity to pitch their innovative solutions at P&G’s vGROW Summit held at WE Hub office in Hyderabad. Out of these, three startups will now be piloting their solutions at P&G’s Hyderabad manufacturing plant.
Jayesh Ranjan, Principal Secretary to IT E & C Department said, “It is encouraging to see organizations like P&G and initiatives like vGROW supporting the startups in the country. Partnerships like these will help create an ecosystem for inclusive growth.”
Shivangi Jain, Associate Director – Purchasing and Supplier Partnerships, P&G India said, “As a company, innovation is an integral part of how we operate and provide superior propositions to our consumers. We firmly believe that when all stakeholders come together, it accelerates innovation that leads to inclusive growth. Our partnership with WE Hub is helping us connect and leverage external startup capabilities to strengthen our operations and drive inclusive growth in the state of Telangana. This partnership is part of P&G’s vGROW platform in line with the company’s commitment to invest and collaborate with startups, small businesses, and individuals offering innovative industry-leading solutions.”
Deepthi Ravula, CEO of WE Hub said, “P&G’s active participation to involve startups in their pursuit to drive automation in their manufacturing site sets a great precedent for involvement of Corporates in creating a conducive environment for startups. The success of the program was its structured approach, as all relevant stakeholders were well-prepped on working with startups, which helped the startups understand the problem statements better.”
The handpicked startups will now work in close collaboration with the P&G team to pilot their solutions at P&Gs Hyderabad plant. 
P&G serves consumers in India with one of the strongest portfolios of trusted, quality, leadership brands, including Vicks ®, Ariel®, Tide®, Whisper®, Olay®, Gillette®, AmbiPur®, Pampers®, Pantene®, Oral-B®, Head & Shoulders® and Old Spice®. P&G operates through 3 entities in India of which 2 are listed on NSE & BSE. The listed P&G entities are: ‘Procter & Gamble Hygiene & Health Care Limited’ and ‘Gillette India Limited’, whereas the unlisted entity (which is a 100% subsidiary of the parent company in the U.S) operates by the name ‘Procter & Gamble Home Products Ltd.’ Please visit http://www.pg-India.com for the latest news and in-depth information about P&G India and its brands.
About WE Hub:
WE Hub is the first-of-its-kind and only State-run platform for Women Entrepreneurs initiated by the IT E & C Department, Government of Telangana. WE Hub’s primary goal is to ensure any woman entrepreneur in Telangana and across India gets all the moral, financial, governmental and policy support needed to startup and scale up. WE Hub’s vision is to promote entrepreneurship by way of Incubation, Access to Government Support and Ecosystem Building.

Wednesday, 8 May 2019

Procter & Gamble Hygiene and Health Care Ltd. Announces Third Quarter Results

Sales up 23%, PAT up 8% for the quarter ended March 31, 2019
Mumbai, May 8, 2019: Procter & Gamble Hygiene and Health Care Ltd. (PGHHCL) announced today its financial results for the quarter ended March 31, 2019. The company delivered sales of ₹699 crores, up 23% vs year ago (comparable sales* up 15%) behind brand fundamentals, product innovation, strength of the product portfolio, and improved in-store execution.
The Profit After Tax (PAT) was ₹90 crores, up 8% vs year ago behind continued focus on productivity and cost efficiency.
Madhusudan Gopalan, Managing Director, Procter & Gamble Hygiene and Health Care Ltd. said, “We have delivered strong double-digit growth for the third consecutive quarter this year driven by robust volume growth, category development and execution excellence. Our focus on raising the bar on superiority, innovation, improving productivity, and strengthening our organization and culture is delivering strong results in a competitive market environment. We will continue to focus on balanced top and bottom line growth to create value for shareholders.”
Both the Feminine Care and Health Care businesses recorded double-digit growth.
*Comparable sales: Reported sales adjusted for impact of GST change versus previous year.
About Procter & Gamble Hygiene and Health Care Ltd.
Procter & Gamble Hygiene and Health Care Ltd. (PGHHCL) is one of India’s fastest growing FMCG companies that has in its portfolio WHISPER – India’s leading Feminine Hygiene brand, and VICKS – India’s No. 1 Health Care brand and Old Spice. The company has carved a reputation for delivering high-quality products and superior value propositions to meet the needs of consumers. PGHHCL brands take pride in being socially conscious via their participation in P&G SHIKSHA, a national consumer movement that supports the education of underprivileged children in India. Please visit www.pg.com for the latest news and in-depth information about P&G and its brands.