New Delhi: India’s economic growth story remains strong despite global uncertainties, driven by resilient domestic consumption, policy continuity and rising consumer aspirations, Dabur India Chairman Mohit Burman has said.
In his letter to shareholders in the company’s FY26 Annual Report, Burman said that geopolitical tensions, supply chain disruptions and persistent inflation created a challenging business environment globally. However, India’s robust domestic demand enabled businesses to remain focused on long-term growth, making the country one of the world’s fastest-growing major economies.
“India’s growth story continued to stand out. Supported by strong domestic consumption, policy continuity and an increasingly aspirational consumer base, the country provided a solid foundation for businesses like ours, even as global headwinds persisted,” Burman said.
Highlighting Dabur’s growth, Burman said beverage brand Real has crossed the ₹1,500-crore sales mark. Flagship brands Dabur Red Paste, Vatika, and Dabur Amla each generate annual sales of ₹1,000-1,500 crore, while brands including Dabur Honey, Namaste, Odonil, and Dabur Chyawanprash fall in the ₹500-1,000 crore revenue bracket. The company also has 15 brands with annual sales between ₹100 crore and ₹500 crore.
Burman said Dabur successfully navigated inflationary pressures and heightened competition during FY26 by strengthening its core portfolio while expanding into premium products, digital-first channels and quick commerce platforms. The company also launched Dabur Ventures, a ₹500-crore investment platform, and acquired a minority stake in direct-to-consumer beauty brand RAS Beauty Pvt Ltd for ₹60 crore.
Looking ahead, Burman said Dabur’s strategy will focus on accelerating premiumisation, expanding its presence in e-commerce and quick commerce, improving cost efficiencies and pursuing strategic mergers and acquisitions to diversify its portfolio and drive future growth.
He expressed confidence that despite continuing global uncertainty, India’s strong economic fundamentals and rising consumer aspirations would continue to support sustained growth for the FMCG sector. “As we look to the future, the world will likely remain uncertain. However, what gives me confidence is the strength of our fundamentals. India’s growth story remains intact, and consumer aspirations continue to rise,” Burman said.
