P&G had launched the toothpaste in India in 2013 but managed to acquire around 1% of the toothpaste market share-less than Baba Ramdev’s Patanjali,
However, a P&G spokesperson said the
Speculations are rife that Oral-B’s run was stopped by
Early this year, P&G said it would de-prioritise several unprofitable lines of business in India.
"Last fiscal year, organic sales growth slowed by several points but we made significant progress in improving local profit margin, up 700 basis points. We went from losing money in India to triple-digit profits," said P&G's Chief Financial Officer, Jon Moeller.
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