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Tag: Procter & Gamble India

  • P&G India announces its new CEO, Kumar Venkatasubramanian

    P&G India announces its new CEO, Kumar Venkatasubramanian

    Mumbai: Procter & Gamble India announced today that Kumar  Venkatasubramanian will take over as the chief executive officer for its operations in India from 1 May 2024. Kumar is an alumnus of IIM Calcutta and started his journey with P&G in the sales team in India, straight from campus in 2000. He has almost 24 years of experience, the majority of it in India across different roles in the Sales function. He is currently leading the P&G business in Australia and  New Zealand as CEO where he has been responsible for steering the team to deliver record metrics,  driven by category growth and strong retailer partnerships. Prior to the Australia role, Kumar was leading the Sales Team in P&G India until 2020.  

    Venkatasubramanian is a passionate advocate for Equality and Inclusion, and under his leadership, many programs were expanded to have a significant impact on employees and the community. This included P&G ANZ’s largest-ever corporate partnership with the Sydney Gay and  Lesbian Mardi Gras.  

    Kumar will take over from LV Vaidyanathan, who will leave the company to pursue other interests after 28 years of service to P&G. Under his leadership, P&G India has made strides of progress on the journey of bringing in superior propositions for the Indian consumers and delivered consistent balanced growth of top and bottom line. In his time, the company has also stepped-up on efforts across the key areas of Citizenship – Community Impact, Equality and Inclusion and  Environmental Sustainability.

     Quote from Stanislav Vecera, P&G president, Asia Pacific, Middle East, and Africa:  

    “I want to thank LV for his outstanding leadership of the India organization, and his service to P&G  for nearly 3 decades. I wish him all the best for his future endeavours.

    I am thrilled with Kumar Venkatasubramanian’s appointment as the India CEO, who has been an integral part of the P&G India growth story for well over two decades. Kumar is no stranger to the Indian organization, having spent many years building and executing our business strategies here.  The Indian business and people will immensely benefit from his leadership and vision, and  collectively I am certain they will take the Indian business to new heights while maintaining a  balanced growth outlook.”

    Quote from LV Vaidyanathan:

    “It has been a great honour and privilege to lead our business in India. The journey has been incredibly fulfilling. I am so proud of every P&G employee for demonstrating commitment and passion to serve our consumers, customers, and stakeholders, and for the results we collectively achieved. I am confident in the continued success of the company and the people.”

    Quote from Kumar Venkatasubramanian:

    “It is a moment of great pride for me to come back to India and spearhead the P&G business in the country. I look forward to being back in the market, learning more about the Indian consumers and serving their needs. The India organization is on momentum, delivering consistent results and balanced top and bottom-line growth. It will be important for us to remain focused on our integrated growth strategy, as I believe it is the right strategy for us to deliver sustained outcomes.  We will focus on a portfolio of daily-use products where performance drives brand choice and raise the bar on all aspects of our superiority strategy– product, package, brand communication, retail execution, and value. We aim to lead constructive disruption in the industry across the value chain.  I believe that our agile, empowered, and accountable organization will be at the heart of our growth. I look forward to working with our incredibly talented team in India once again and  playing a part in the India growth story.” 

  • P&G India appoints Mukta Maheshwari as its chief marketing officer

    P&G India appoints Mukta Maheshwari as its chief marketing officer

    Mumbai: Procter & Gamble India, maker of brands like Ariel, Whisper, and Gillette, has appointed Mukta Maheshwari as the company’s chief marketing officer (CMO) effective 1 September.

    Along with leading the marketing function, Maheshwari will also head the fabric care category for P&G India. She brings with her a rich work experience of over two decades. She joined P&G in 2007 in Singapore and has since worked across five brands across three different countries. Prior to assuming her new role as the chief marketing officer and fabric care category head, Maheshwari served as the vice president, fabric enhancers in the ASEAN region, based out of Singapore and was instrumental in delivering double digit top and bottom line for Downy in ASEAN. This was enabled by, among multiple other aspects, the launch of Downy Natural Essential oil scents range, which was spearheaded by her.

    Speaking about her new role, Maheshwari said, “I am thrilled to kickstart the next phase of my journey with P&G and coming back to India, after having the opportunity to work across multiple roles in the region, including Singapore and Philippines. P&Gs philosophy of touching and improving lives truly resonates with me, and I am glad that my new role will enable me to continue aspiring to positively impact our consumers, communities, and people. India continues to be an important market for P&G globally, as we continue to delight the consumers with our superior brands. These are exciting times, and I look forward to contributing to the growth of P&G in India, together with our people who are the backbone of this resilient and empowered organization.”

    Maheshwari is an MBA from the Indian Institute of Management, Calcutta and holds a degree in Aerospace Engineering from Indian Institute of Technology.

    Maheshwari takes over from Sharat Verma in the role, who has been elevated as the senior vice president – fabric care for P&G India, Middle East, and Africa (IMEA) and will spearhead the efforts based out of Dubai. Under Sharat’s leadership over the last four years, P&G has stepped up on its brand building efforts, leading many innovative solutions and campaigns that are not just a force for growth, but also a force for good. This is reflected not just in the growth of the brands, but also multiple external recognition – national and global – that the brands have garnered over the years on iconic initiatives like Ariel #ShareTheLoad, Whisper #KeepGirlsInSchool, etc.

    Sharing his perspective, Verma said “It has been my privilege and an absolute honor to serve as the CMO for P&G India. The journey has been rewarding and one filled with immense learnings. From every campaign that captured hearts, to each innovation that reshaped industries, our commitment to delivering exceptional results stands as a testament to our unwavering pursuit of excellence. Together, we raised the bar on consumer centricity and brand building and reinforced our brands as both – a #ForceForGrowth and a #ForceforGood. As I extend a warm welcome to Mukta, I am confident that our legacy will continue to thrive, inspiring new heights of creativity, impact, and success. I am only optimistic about what the future holds.”

  • P&G India treads the green path, becomes ‘plastic waste neutral’

    P&G India treads the green path, becomes ‘plastic waste neutral’

    Mumbai: Consumer goods major Procter & Gamble (P&G) India said it has become ‘plastic waste neutral’ in the past FY, April 2021–March 2022. The company made this announcement during its ‘It’s Our Home Sustainability Summit’ held here on Thursday. With this, P&G becomes the first few FMCG companies in India to achieve plastic waste neutrality.

    “The company has collected, processed, and recycled over 19,000 MT of post-consumer plastic packaging waste from across the country which is more than the amount of plastic packaging in its products sold in a year,” said the conglomerate in a statement.

    P&G India also announced that it will set up two more in-house solar plants at its manufacturing sites in Goa and Mandideep in India. This is in addition to the existing in-house solar plant that the company set up at its Hyderabad manufacturing site in 2021. P&G will be among the first few FMCG companies in India to have three in-house solar plants across its manufacturing sites, according to the consumer goods major.

    P&G is working with recycling partners across 75 cities in India to collect plastic which is then sent to different recyclers, waste to energy plants, and cement kilns. In addition to recycling, the company has also made a deliberate effort to reduce the packaging material and in the last five years has reduced usage of packaging material by more than 5,000 MT, according to the statement. 

    “We are proud of the significant progress we have made on environmental sustainability, and achieving ‘plastic waste neutrality’ is a key milestone in this journey,” said Procter & Gamble – Indian sub-continent CEO Madhusudan Gopalan. “Plastic waste does not belong in the environment, and we will continue to partner with multiple stakeholders in our efforts to reduce and recycle packaging waste.”

    “We are also taking a deliberate approach to reducing the impact of our operations, and setting up in-house solar plants is a step in this direction. We have made strong progress across our brands, our supply chain, our operations with support from our partners and employees. We are fully committed to making a positive impact in the world and creating a sustainable future for generations to come,” he further said.

    In recent years, the company has made significant progress on environmental sustainability which can be seen across its operations and brands. According to the company, these include:

    ·       All P&G manufacturing sites in India are ‘zero manufacturing waste to landfill’

    ·       Five P&G India sites have already achieved the 2030 P&G global target of 35 per cent water efficiency

    ·       P&G India purchases 100 per cent renewable electricity for all its manufacturing sites in India

    ·       P&G’s fabric care brands in India Ariel and Tide continue to be phosphate-free since 2015, thus helping preserve the quality of water resources

    ·       The liquid detergent bottles of fabric care brand Ariel are recyclable

    ·       Using recycled material in the packaging of its baby care and feminine care products which will reduce the usage of 500 MT of virgin plastic annually

    The conglomerate further said it aims to achieve net-zero greenhouse gas (GHG) emissions across its operations and supply chain, from raw material to retailer by 2040. 

  • P&G India extends all company benefits to partners of LGBTQ+ employees

    P&G India extends all company benefits to partners of LGBTQ+ employees

    Mumbai: In a bid to foster inclusivity at the workplace, Procter & Gamble (P&G) has now extended all its company offered benefits to partners of LGBTQ+ employees, the company announced on Tuesday. Effective 1 April, the company’s medical and workplace benefits including medical support, emergency financial assistance, flex subsidy allowance, relocation benefits, among others will be extended to partners of LGBTQ+ employees.

    The initiative builds on top of the company’s ‘Share the Care’ inclusive parental leave policy that was launched last year.

    “At P&G, our goal is to create a fully inclusive workplace where our employees feel included and are able to bring their authentic selves to work every day,” said Procter & Gamble Indian sub-continent vice president and head – human resources PM Srinivas. “In line with that, we are proud to shape our company offered comprehensive benefits to a fully inclusive and equality-based program which extends to partners of LGBTQ+ employees. We will also continue to strengthen our awareness and training programs that sensitize our people on LGBTQ+ diversity. We hope that this will enable us to strengthen our company’s culture, inspire change and create a positive societal impact.”

    Through this latest initiative, partners of LGBTQ+ employees will now be covered under the company’s medical plan that provides hospitalisation coverage to employees and their dependents. The employees can also avail emergency financial assistance for their partners. The company provides an additional fixed allowance to its employees to meet their personal and family needs, which can now be availed by LGBTQ+ employees for their partners. The company will also extend financial support and transfer related assistance arising out of a company-initiated relocation to partners of LGBTQ+ employees, said the statement.

    According to the company, P&G took a public stand for inclusion by adding sexual orientation to its non-discrimination policies back in 1992. The company has an internal affinity group, GABLE (Gay, Ally, Bisexual, Lesbian, and Transgender Employees) that is dedicated to fostering an inclusive and supportive network.

    P&G India has also launched ‘Pride Podcasts’ wherein it invites leaders from within P&G globally and external advocates who are sharing their journey, educating, and addressing myths about LGBTQ+. In a first, in 2021 the company organised a virtual pride event titled ‘PrideON’ to educate and celebrate the progress made on LGBTQ+ equality and inclusion in the workplace, according to the company.