P&G India launches Rs 300 bn supply chain fund
ECONOMY & POLICY

P&G India launches Rs 300 bn supply chain fund

Procter & Gamble India (P&G India), the parent company of well-known brands like Gillette, Whisper, and Vicks, has announced a Rs 3 billion 'P&G Supply Chain Catalyst Fund.' The fund aims to collaborate with third-party firms and startups to co-develop solutions for an efficient and modern supply chain ecosystem.

This investment initiative covers various aspects, including supply chain optimisation, digitisation, capacity expansion, and sustainability. P&G India seeks to revitalise its supply chain with a focus on these key areas.

The 'P&G Supply Chain Catalyst Fund' is part of P&G India's 'vGROW' program, which was initiated six years ago. This program is designed to establish partnerships with startups, small businesses, individuals, and larger corporations that offer business solutions beneficial to P&G's operations in India. To date, investments totalling Rs 18 billion have been committed through the vGROW program.

LV Vaidyanathan, CEO of P&G India sub-continent, stated, "With the 'P&G Supply Chain Catalyst' fund, we are focused on co-creating innovative solutions that enhance the very backbone of our operations - the supply chain. We are confident that focused interventions in the supply chain will have a positive impact on our overall priorities, including constructive disruption and productivity."

Through the vGROW platform, P&G engages with over 2,300 suppliers, including startups, small businesses, and large organisations from various industries and services, such as creative agencies, technology partners, and material suppliers. For example, last year, the company announced a Rs 2 billion 'P&G Technovate Fund' to address business challenges by leveraging technology in collaboration with both existing and new external suppliers.

P&G's India FMCG business operates through three entities: P&G Hygiene Health Care (feminine hygiene and Vicks), Gillette India, and P&G Home Products (detergents, baby care, hair care, and air care). Among these, P&G Hygiene Health Care and Gillette India are publicly listed on stock exchanges.

P&G's India portfolio includes popular brands like Vicks, Ariel, Tide, Whisper, Gillette, AmbiPur, Pampers, Pantene, Oral-B, Head & Shoulders, and more.

Procter & Gamble India (P&G India), the parent company of well-known brands like Gillette, Whisper, and Vicks, has announced a Rs 3 billion 'P&G Supply Chain Catalyst Fund.' The fund aims to collaborate with third-party firms and startups to co-develop solutions for an efficient and modern supply chain ecosystem. This investment initiative covers various aspects, including supply chain optimisation, digitisation, capacity expansion, and sustainability. P&G India seeks to revitalise its supply chain with a focus on these key areas. The 'P&G Supply Chain Catalyst Fund' is part of P&G India's 'vGROW' program, which was initiated six years ago. This program is designed to establish partnerships with startups, small businesses, individuals, and larger corporations that offer business solutions beneficial to P&G's operations in India. To date, investments totalling Rs 18 billion have been committed through the vGROW program. LV Vaidyanathan, CEO of P&G India sub-continent, stated, With the 'P&G Supply Chain Catalyst' fund, we are focused on co-creating innovative solutions that enhance the very backbone of our operations - the supply chain. We are confident that focused interventions in the supply chain will have a positive impact on our overall priorities, including constructive disruption and productivity. Through the vGROW platform, P&G engages with over 2,300 suppliers, including startups, small businesses, and large organisations from various industries and services, such as creative agencies, technology partners, and material suppliers. For example, last year, the company announced a Rs 2 billion 'P&G Technovate Fund' to address business challenges by leveraging technology in collaboration with both existing and new external suppliers. P&G's India FMCG business operates through three entities: P&G Hygiene Health Care (feminine hygiene and Vicks), Gillette India, and P&G Home Products (detergents, baby care, hair care, and air care). Among these, P&G Hygiene Health Care and Gillette India are publicly listed on stock exchanges. P&G's India portfolio includes popular brands like Vicks, Ariel, Tide, Whisper, Gillette, AmbiPur, Pampers, Pantene, Oral-B, Head & Shoulders, and more.

Next Story
Equipment

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Next Story
Infrastructure Energy

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Next Story
Infrastructure Energy

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App