Multiple choice

US-based consumer goods maker Sara Lee exited from its Indian joint venture by selling 51 percent stake to its partner ____ Consumer Products in 2010.

  1. Jyoti Labs

  2. Dabur

  3. Marico

  4. Godrej

  5. Nirma

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Sara Lee sold its 51% stake in the Indian joint venture to Godrej Consumer Products in 2010, exiting the Indian market. This deal involved brands like 'Nihar' and 'Rajni' hair oils.