3M India-90 per cent Equity cornered. 75 per cent with 3M parent; 10 per cent with Acacia Partners, 2 per cent with IDFC Premier and SBI Magnum, 2 per cent with RDamani's Bright Star. That leaves a mere 10 per cent float. Now financially, people have to visit a couple of malls and local groceries to see the variety and multitude of products that 3M has flooded into India. It is no longer a ScotchTape, ScotchBrite entity-the profile now spreads from specialised construction to 3D imaging, Household and Kitchen cleaning Aid to 3M water treatment products so significantly needed in a drought prone, bad ground water nation.
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