Colgate India meets distributors body to resolve price parity issue – World Affairs SRS

Colgate India meets distributors body to resolve price parity issue

– World Affairs SRS

Colgate-Palmolive India (Colgate India) on Wednesday met the distributors’ body to address the issue of price parity between traditional trade and organized distributors, who exist offline as well as online. These companies include Geomart, Booker, Udaan and Elastic Run.

“As always, we at Colgate-Palmolive are committed to forge productive partnerships with our distribution network to serve consumers,” Colgate India said in an emailed response to Business Standard.


“To that end, we have – and will continue to hold – meetings with them to discuss and resolve their concerns. In addition, we have met with the All India Consumer Products Distribution Federation (AICPDF) and with them our distributors We have shared our process of engagement with you and our commitment to resolve their issues.

The email response by the toothpaste major also said the federation supports its efforts.

Colgate India said, “We will continue to work with our distribution partners so that consumers can continue to enjoy our trusted oral and personal care products.”

AICPDF was not available for comment.

Colgate India’s meeting with distributors comes after the traditional channel stopped supplying Colgate MaxFresh products in Maharashtra. State distributors had also decided to suspend the supply of Colgate Vedshakti and the company’s toothbrushes for the rest of the month.

The AICPDF wrote two letters to fast-moving consumer goods companies in December to discuss the issue of price parity.

In a stock exchange filing on Tuesday, Colgate India said it was engaging directly with its distributors to resolve their challenges.

Colgate said in the exchange filing, “The company is not aware of any information in this regard (distributors’ decision to stop supply of Colgate MaxFresh range of products), which requires disclosure to the exchanges. In addition, The news article has no material impact on the company (Business Standard reported on Saturday that distributors in Maharashtra will stop supplying Colgate India products in a phased manner). The company will ensure that the supply of its products in the state remains uninterrupted.

                                                    </div><div style="background: #fee8dd; padding: 12px; border: dashed 1px black; margin-bottom: 20px;">

mail Dear reader,

Business Standard has always worked hard to provide updated information and commentary on events that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only reinforced our resolve and commitment to these ideals. Even during these difficult times arising out of COVID-19, we are committed to keeping you informed and updated with relevant news, authoritative views and sharp comments on relevant relevant issues.
However, we have a request.

As we grapple with the economic impact of the pandemic, we need your support even more so that we can continue to provide you with more quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. Subscribing to more of our online content can only help us achieve our goals of providing you with better and more relevant content. We believe in independent, unbiased and credible journalism. Your support through more subscriptions can help us practice the journalism we’re committed to.

support quality journalism and Subscribe to Business Standard,

digital editor

,

—-*Disclaimer*—–

this is an unedited and auto-generated supporting article of the syndicated news feed are actualy credit for owners of origin centers. intended only to inform and update you about Sakari naukri , result , UPSC , Exam Jobs etc. for Provides real or authentic news. also Original content may not have been modified or edited by Rojgar samachar team members.

Leave a Reply