Interview with Anil Rai Gupta, Havells, Chairman & MD
On M&A
Interviewer: Are you looking to acquire Llyod's business?
Anil: Anything which adds to:
- product category
- geography
- channel
these are the kind of acquisitions we would like to do.
On Advertising
Interviewer: Margins have come down this quarter due to higher spends on advertising
Anil: We see advertisements as investments in brand building. Currently, the market is down. When market recovers we expect the investments in advertising to pay-off over the next 2-3 years.
Source: Interview in Mint Newspaper, Oct 20, 2016
On M&A
Interviewer: Are you looking to acquire Llyod's business?
Anil: Anything which adds to:
- product category
- geography
- channel
these are the kind of acquisitions we would like to do.
On Advertising
Interviewer: Margins have come down this quarter due to higher spends on advertising
Anil: We see advertisements as investments in brand building. Currently, the market is down. When market recovers we expect the investments in advertising to pay-off over the next 2-3 years.
Source: Interview in Mint Newspaper, Oct 20, 2016
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