The Godrej Group has announced that it is eyeing for acquisitions in emerging markets as it is bullish on its growth strategy among the economic slump.

According to the sources, the conglomerate plans to acquire established brands of consumer products.

According to the company officials, Godrej' business-to-business (B2B) activities and real estate businesses were expected to be affected as an affect of slowdown on the company.

The company further revealed that the government should help affordable housing projects by offering fiscal incentives.