Hotline: 1800 102 2007
X
Search Business Opportunities
Dec, 21 2015

Cholayil Group eyes sales of Rs 200 cr, seeking distributors

Cholayil Group, maker of ayurvedic soap Medimix, is going to generate a large number of business opportunities as it eyes sales of Rs 200 crore from the label by 2018-19.

The brand will be offering distributorship opportunities in the north and east markets of the country.

"In coming years, between 2016 to 2019 years, we will focus on developing new products and enhance distribution network in the north and east markets. We are planning to reach around Rs 200 crore in 2018," Cholayil Chairman and Managing Director Pradeep Cholayil was quoted in a PTI report.

Currently, the Cholayil group has sales of Rs 150 crore from Medimix soaps, to which western states contributed around 36 per cent. Besides soap, Cholayil has launched facewash, bodywash and prickly heat powder under the Medimix brand.

On the exports front, the group had recently forayed into the US market and is betting big on the market to expand sales from overseas market, which contributes 25 per cent to its total. The Middle-East is the largest market for Medimix, which has also presence in South-East Asia and is planning to enter Japan, he further told PTI.

Medimix brand is owned by two groups - Cholayil and the AVA Group, as per the family agreements in 2006. Cholayil has distribution rights for north, east and west regions, along with global markets while AVA has rights in the southern market, including Kerala and Karnataka.

 

Comment
image
Related opportunities
  • About Us: Credence International Schools is a K-12 Venture of Credence..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2014
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 20000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • About Us: CMA is an international educational institution that specializes in..
    Locations looking for expansion Delhi
    Establishment year 1984
    Franchising Launch Date 2006
    Investment size Rs. 2lac - 5lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Join Hands With No.1 U.K. Concept International Preschool Chain SANFORT is..
    Locations looking for expansion Uttar Pardesh
    Establishment year 2009
    Franchising Launch Date 2010
    Investment size Rs. 10lac - 20lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ghaziabad Uttar Pardesh
  • About Us: Established in 2002, Simply Health Plus is a certified..
    Locations looking for expansion Delhi
    Establishment year 2002
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities