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RBI's Rate Cut Won't Impact FMCG Sector: Harsh Mariwala

PUBLISHED ON: July 19, 2016 | Duration: 11 min, 59 sec

  
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Harsh Mariwala, chairman at Marico, says Reserve Bank's interest cut will not significantly impact the FMCG sector. FMCG companies are cash surplus and do not need too much capital to grow, he added. He does not think new RBI governor will make a big difference to the sector.
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