Economy
Turtle Wax Eyes 100% YoY Growth in India Over Next 5 Years
The Hindu2h
THE BRIEF
1
Automotive care products maker Turtle Wax expects India to become one of its largest global markets over the next five years, driven by consecutive years of 100% year-on-year growth.
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Global CEO Laurie King stated the company is expanding through domestic manufacturing, wider retail distribution, and new car care studios across the country.
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Local production helps insulate the US-headquartered company from international freight costs and currency fluctuations amid volatile global trade routes.