Recent Release | 08 Aug 2022

The Economic Impact of Reckitt in India: Supporting India’s Growth and Ambitions

Economic Consulting Team

Oxford Economics

Reckitt is a world-leading health, hygiene, and nutrition company, which invests in the care and development of the world’s population—all in the purpose of creating a cleaner, healthier world. This includes an important presence in India—one of Reckitt’s top three markets, where it has been operational since 1934.

Our new report, commissioned by Reckitt, evaluates the total contribution the company’s operations in India made to India’s economy and society in 2021. Our analysis shows that Reckitt supported a total contribution to GDP in India of INR78.8 billion (£775 million), and supported more than 69,000 jobs in 2021.

Reckitt also invests in the productive potential of the Indian economy by investing in Research and Development (R&D). Most notably, Reckitt has three R&D facilities in India, including the vector-borne disease Entomology ‘Centre of Excellence’ in Gurgaon.

Our research also investigates Reckitt’s contribution to wider social development in India, including its investment in upskilling its workforce, and support to local communities to lead healthier and more hygienic lives.

About the team

Our Economic Consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project included:

Stephen Foreman

Associate Director, Economic Impact

Elizabeth Martindale

Economist, Economic Impact

You might be interested in

Diageo’s Economic Impact in Europe

Diageo commissioned Oxford Economics to produce an assessment of its economic impact across Europe in 2022. This illustrated the company's large economic footprint, which supported a a significant number of jobs throughout its value chain.

Find Out More
International Wine and Spirits in ASEAN: The economic contribution of the international wine and spirits value chain in Thailand and Vietnam

This report presents an assessment of international wine and spirits' contribution to the economies of Thailand and Vietnam.

Find Out More
Services inflation to take centre stage in 2023

Over 2023, we expect global food, energy, and goods inflation to fall sharply. That said, the degree to which services inflation declines will also determine how quickly headline CPI inflation drops.

Find Out More
Nikkei Asia: Southeast Asian leaders must take more care with food policy

James Lambert, Director of Economic Consulting for Asia and Thang Nguyen, Lead Economist Macro Consulting at Oxford Economics discuss export bans, new taxes and subsidy cuts that challenge the vital industrial sector with Nikkei Asia.

Find Out More