Marico, being one of India's leading consumer Products Group, in the global beauty and wellness space touches the lives of 1 out of every 3 Indians. Parachute is the leading brand in the Indian cosmetics & toiletries industry and has continued to show volume growth, though Safola growth was disappointing. Marico wants to reduce dependence on Parachute and Saffola by driving new things in the premium segment, like male grooming, serums, hair nourishment and foods are expected to have a significantly higher share in the next five years. Nevertheless,...