Business

P and G sets up Rs 400 cr ‘India Growth Fund’

Procter & Gamble (P&G) has announced a Rs 400 cr ‘India Growth Fund’ to collaborate with existing and new suppliers to build capacities to further localise manufacturing of finished products, procurement of raw materials and packaging materials, and adopt go-to-market innovations & technology.

migrator

Mumbai

This initiative is in line with Centre’s vision of a self-reliant India and P&G’s commitment to drive inclusive growth in India through external partnerships. The new fund is part of P&G India’s ‘vGROW’ 

program that focuses on identifying and collaborating with start-ups, small businesses, individuals or large organizations offering innovative industry-leading solutions. P&G also launched the third edition of 

‘P&G vGROW External Business Partner Summit,’ on October 29-30, 2020, that offers a platform to existing and new suppliers to pitch their solutions to P&Gs leadership team.

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