P&G to Invest US$ 279.4 Million in an Unlisted Arm in India

FMCG Company Procter & Gamble (P&G) is planning to invest more than Rs 1,500 crore (US$ 279.4 million) over a period of time in its unlisted Indian arm P&G Home Products to ramp up operations in the country. The fund will be used to support ongoing business activity, capital expansions for P&G operations and towards…