2 YEAR
As part of SBI's business strategy of creating multiple drivers of growth in the FMCG sector, the Company commenced marketing Agarbattis (Incense Sticks) sourced from small-scale and cottage units in 2016. This Business leverages the core strengths of SBI in nation-wide distribution and marketing, brand building, supply chain management, the creation of innovative packaging solutions to offer Indian consumers high quality Agarbattis & Dhoop. These core strengths SBI in becoming the No. 1 Dhoop player in the country. With its participation in the business, SBI aims to enhance the competitiveness of the small-scale and cottage units through its complementary R&D based product development and strengths in trade marketing and distribution. The Business continues to work on various exciting new offerings to the consumers and is planning to launch them in the near future. In line with SBI's Triple Bottom Line philosophy of every business contributing to the nation's economic, environmental and social capital, Mangaldeep agarbattis are manufactured by small scale and cottage units, providing livelihood opportunities for more than 100 people. S B I Agarbatti [INCENSE STICKS] is manufactured at various centers across the country and standardized processes are followed to ensure the same quality across locations. S This initiative provides technical training to rural women & provides employment opportunities to over 500
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