Colgate Palmolive India Stiff Competition

THE slow-down in the economy and continued competition has eaten into Colgate-Palmolive's margins. Over the years, the oral health care major has been facing a fall in its profitability due to the increasing competition in the domestic market. In fact, since 1994-95 the com-pany's net profit has increased by around 10 per cent from Rs 72 crore to Rs 80 crore