Marico CEO Says Indian Consumer Insulated Amid Emerging Market Woes

Marico is a company in India that makes everyday products like Parachute hair oil, Saffola cooking oil and Livon hair care.

In the first three months of its new business year, Marico sold 11% more products in India than in the same period a year before.

That is a very strong result.

The company's boss, Saugata Gupta, says Indian shoppers are doing better than shoppers in many other growing markets.

This is true even though prices of some ingredients have gone up and down.

Marico also bought three smaller companies this year to sell snacks, skincare and healthy nutrition.

People in India are increasingly buying goods quickly through delivery apps.

Marico wants to sell more premium products and grow its business a lot this year.

The company feels confident about the future, even with some worries about weather and world prices.