FMCG major Marico intends to shut down its health & wellness brand Kaya Life within a month. Kaya Life Centres were launched three years ago with the objective to provide healthcare and weight control solutions.
It is learnt that the chain was not performing as expected by the company hence it took this decision. Marico now wants to focus on its core FMCG business to sustain its competitive edge in the Indian FMCG industry.
The company will however continue to invest into Kaya Skin Care Clinic for its further growth.
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