Manpasand Beverages has announced that it aims to double its manufacturing capacity and is going to set up four new plants in the country within the next 18 months.
Manpasand Beverages, which owns and manufactures brands like Mango Sip, Fruits Up and Pure Sip has announced plans to double its manufacturing capacity by setting up new plants.
The company has announced that it aims to double its manufacturing capacity and is going to set up four new plants in the country within the next 18 months.
Dhirendra Singh, Chairman and Managing Director, Manpasand Beverages, said, "The still untapped demand for fruit drinks across India is huge. In spite of having commissioned two new plants in the last one year, we are unable to meet the demand from our existing markets, leave alone expanding our reach further.
We will be coming up with four new plants in different parts of the country, including the South, where our presence is minimal."
Manpasand Beverages currently operates five manufacturing plants -- two in Vadodara and one each in Varanasi, Ambala and Dehradun.
On demonetisation issue, Singh said, "There will not be any impact due to this move as we have always offered products at affordable price points and continue to focus on smaller packs which range between Rs 5 to Rs 10. Fortunately, there is no shortage of these denominations in the country."