Dabur India Ltd., a renowned Ayurveda company, has announced that it was honored with the prestigious Asset Triple A Awards 2023 in the liquidity and investments solution category. The announcement was made in a press release on Monday.
Furthermore, it emphasized that Dabur is the exclusive recipient of this award in India for the year 2023.
P.D. Narang, Group Director, Dabur India Ltd, said, “We are excited and proud to receive this prestigious Award. We would like to thank the entire Team of IBS Fintech India Pvt. Ltd for the award. The Asset Triple A Awards 2023 will motivate us to work better in future and we are confident that we will leave no stone unturned to fulfil our commitments.”
Speaking on the occasion, Dabur India Ltd Company Secretary, Ashok Jain said, “We are happy to receive The Asset Triple A Awards 2023 for Liquidity and Investments Solution Category to Dabur India Limited this year. The Asset Triple A Awards are the pre-eminent recognition for those that have excelled in their respective industry. The award reflects unparalleled industry understanding to be able to distinguish best-in-class organizations.”
The Asset Triple A Treasurise (Treasury, Trade, Supply Chain, Risk, ESG) Awards are presented every year to recognize companies and financial institutions that have successfully introduced or facilitated initiatives in areas such as corporate treasury management, trade finance, supply chain, and risk management. These awards honor both corporate entities (Triple A Client Awards) and financial service providers (Triple A Service Provider Awards), acknowledging outstanding achievements at the country/territory and regional levels across Asia Pacific, the Middle East, Europe, and North America.
The awards are adjudicated by The Asset’s board of editors, the release added.
Founded in 1884 by the Burman family in the bustling bylanes of Calcutta, Dabur India Ltd. has emerged as a formidable FMCG company. According to the brand’s website, it boasts revenues exceeding INR 10,889 crore and a market capitalization of over INR 100,000 crore. With a rich history spanning several decades, Dabur India Ltd. has solidified its position as a key player in the industry.
According to its website, Dabur India Ltd. possesses a diverse portfolio consisting of more than 250 herbal/ayurvedic products. Within its FMCG segment, the company proudly showcases nine brands that cater to various consumer needs. In the healthcare domain, Dabur offers renowned products such as Dabur Chyawanprash, Dabur Honey, Dabur Honitus, Dabur Pudin hara, and Dabur Lal Tail. For personal care, their notable brands include Dabur Amla, Vatika, and Dabur Red Paste. Additionally, Dabur has established its presence in the food and beverages category with the popular brand Real.
With a rich history spanning 138 years, Dabur India Ltd. operates in a diverse range of segments. These encompass healthcare, hair care, oral care, skin care, home care, hygiene, and food and beverage. The company prides itself on its extensive distribution network, which reportedly reaches 6.9 million retail outlets. This network boasts a strong presence in both urban and rural markets, showcasing Dabur’s wide reach and penetration across various regions.
The ayurveda brand’s products are available in over 120 countries across the globe with Middle East, SAARC countries, Africa, US, Europe and Russia being its biggest markets. Dabur’s overseas revenue accounts for over 27% of the total turnover, the brand mentioned on its website.