The stock ticked up 4.03% to ₹870.75 on the NSE on Tuesday, after Godrej Consumer Products (GCPL) unveiled a ₹250 crore investment in its first‑phase production facility in Indonesia’s Kendal Special Economic Zone.
GCPL’s Indonesian subsidiary, Godrej Consumer Products Indonesia, will use the new 2.5‑hectare site to manufacture household insecticides for the local market and to feed export orders. The plant’s construction took just over a year, and the company says the integrated technology will lift operational speed and visibility.
With the new capacity, GCPL expects a 15% lift across its home‑care and personal‑care lines in Indonesia, where existing operations already run at 75‑80% utilisation. The move comes after a 4.5‑fold growth in the country’s business since 2010, when the company first entered the market.
Aasif Malbari, GCPL’s Managing Director and CEO, said the facility will help the firm tap a growing regional export hub. He added that the plant will also create inclusive employment opportunities, targeting 50% female workforce participation and roles for persons with disabilities.
Investors responded positively, pushing the shares higher in a session that saw a 4.03% gain. Analysts note that the capital expenditure aligns with GCPL’s broader expansion strategy into Southeast Asia. The company will report its next earnings on October 31, where the focus will be on how the new plant’s output translates into revenue growth and margin improvement.