Hotline: 1800 102 2007
X
Search Business Opportunities
Jan, 31 2018

Manpasand Beverages To Manufacture Across 20 Locations Pan India By 2020

With water being the most in-demand beverage of future, Manpasand would launch multiple facilities of packaged drinking water.

Homegrown beverage maker Manpasand Beverages Ltd aims to have 20 plants pan-India by 2020 in its effort to drive volumes.

With water being the most in-demand beverage of future, Manpasand would launch multiple facilities of packaged drinking water.

In its Q3 results announced on Tuesday, the company reported 64% rise in net profit at Rs. 11.91 crore in the third quarter as against net profit of Rs. 7.24 crore in Q3 of last fiscal.

“For a country whose per capita consumption of cold drinks stand at mere 6 litres against 90 litres in US, we need to have more affordable products to drive sales. We can beat MNCs only by creating volumes and flooding the market with desi brands” said Dhirendra Singh, Chairman of Manpasand Beverages Ltd.

Singh also shared Rs 600 cr expansion plan which is already underway across multiple locations and Manpasand would have double capacity by the end of 2018. The company clocked a turnover of in excess of Rs 750 crore in 2016-17.

Manpasand that has been driving growth through its flagship brand Mango Sip that has 75% share in the revenues has tied up with Parle Products to cross promote products. This would enable Manpasand to get access to the 4.5 million outlets of Parle Products spread across India.

Comment
Related opportunities
  • Designer jewellery
    About Us: It all started when PC Jeweller first opened its..
    Locations looking for expansion New Delhi
    Establishment year 2005
    Franchising Launch Date 2016
    Investment size Rs. 5 Cr. above
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Central Delhi New Delhi
  • Ice creams & Yogurt Parlors
    Want to enhance the joy of eating by creating a..
    Locations looking for expansion Delhi
    Establishment year 2005
    Franchising Launch Date 2009
    Investment size Rs. 5lac - 10lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Furniture/Home Decor & Furnishing
    Interiors & More. Our brand Interiors & More is a..
    Locations looking for expansion Maharashtra
    Establishment year 2008
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 700
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Other Vocational Training
    About Institute: JD Institue of Fashion Technology was established in the..
    Locations looking for expansion Karnataka
    Establishment year 1988
    Franchising Launch Date 1990
    Investment size Rs. 30lac - 50lac
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
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