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"Its hard to put a date and number on it... I won't rule out doing an acquisition this fiscal," Dabur India CEO Sunil Duggal said.
"I don't think there is anything to be announced in 2009... We do have capabilities to acquire companies, may be up to Rs 1,000 crore, with some borrowings. But the target has to be right and a good fit," Duggal told CNBC TV18.
"We are looking for opportunities in Africa but nothing active is there. We have a strong footprint in North Africa.
At this point of time, we are looking at sub-Saharan Africa in a concerted fashion but nothing very interesting is coming up as of now. So there is no deal," Duggal said.
He denied that there was any deal, particularly in Nigeria.
Duggal said the company had no hesitation in buying Fem Care once it found the target. "Other opportunities could come up, it's about time..." On rising input costs, Duggal said Dabur was facing pressures, especially from sugar, but added that company would resort to raising prices of its products as a last resort.
"The only pricing impact we have felt is that of sugar.
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