homevideos Newsretail NewsStovekraft: Butterfly Crompton deal won't impact us, will continue to grow faster than market
Stovekraft: Butterfly-Crompton deal won't impact us, will continue to grow faster than market
With the Butterfly Gandhimathi and Crompton Greaves Consumer Electricals deal now confirmed, Rajendra Gandhi, MD, Stovekraft said that the deal won’t impact the company.
With the Butterfly Gandhimathi and Crompton Greaves Consumer Electricals deal now confirmed, Rajendra Gandhi, MD, Stovekraft said that the deal won’t impact the company.
“Competition remains competition. Healthy competition helps us to be active on our objective and excites us to be more agile, I don’t think there is any change in that situation for us,” Gandhi said in an exclusive chat with CNBC-TV18.
Also Read:
The company is growing at a higher rate than the industry itself, he said.
Stovekraft continues to spend between 3 percent and 3.5 percent of the revenues on advertising. Stovekraft manufactures cooking appliances under the Pigeon and Gilma brands.
For the full interview, watch the accompanying video
Catch all stock market updates here
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
10% discount on fare on Mumbai Metro lines 2 and 7A on May 20
May 3, 2024 2:40 PM
'Rahul Gandhi deserted Amethi due to fear of Smriti Irani': How BJP plans to puncture Congress' UP plan
May 3, 2024 1:12 PM