PLANS FOR THE MARKET

GCPL is targeting a turnover of ~5,000 crore in 5 years for its Indonesian business Current annual turnover of this biz is ~1,500 cr It proposes to triple this with both organic and inorganic growth While sales growth rate had slowed in June quarter to 8%, it was higher at 18-19 % earlier GCPL believes the tide will turn in Indonesia as it is an emerging market, with a young, middle-class population