Dabur has ‘warchest’ to buy companies, expand in rural India

The slowest growth in six years has hit companies including Dabur, Maruti Suzuki Ltd., India’s largest carmaker, and biscuit maker Britannia Industries Ltd. as consumers in the world’s second-most populous nation cut back on purchases. Consumer confidence in India, tracked by the central bank, is at its lowest since at least 2014.

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