Hotline: 1800 102 2007
X
Search Business Opportunities
Sep, 05 2015

Myra Vineyards to double revenue to Rs 17 crore next fiscal

The company, which has presence in Goa, Karnataka and Maharashtra as well as Hong Kong and London, plans to enter Puducherry and Delhi next year.

Bengaluru-based Myra Vineyards is targeting to double its revenue to Rs 17 crore during the financial year 2016-17.

"We have grown from Rs 5 crore turnover during FY15 to Rs 8 crore which is a figure we look at for FY16. The next year (2016-17) will have targeted revenue of Rs 17 crore and Rs 38 crore for FY18-19," shared Ajay Shetty, MD, Myra Vineyards.

The company, which has presence in Goa, Karnataka and Maharashtra as well as Hong Kong and London, plans to enter Puducherry and Delhi next year.

"The projected growth is owing to the international markets and also expansion in the domestic sector," he said.

The firm also plans to set up its own plant in Bengaluru with the capacity of one million litres per annum.

Shetty also said its 'unfiltered red wine' labelled Misfit is the first of its kind in India.

Comment
lagharinadia7@gmail.com 06, Feb 2018
Hi Mate, Thanks for sharing this Wonderful Article.
Related opportunities
  • Skills / Personality Development
    About Us: INIFD Gurukul, a wholly owned concern of NIFD Limited,..
    Locations looking for expansion punjab
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater chandighar punjab
  • Want to start your own preschool with different approach? HPS..
    Locations looking for expansion Andhra Pardesh
    Establishment year 2009
    Franchising Launch Date 2009
    Investment size Rs. 10lac - 20lac
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Secunderabad Andhra Pardesh
  • About Us: C.H.I.L.D an initiative of Mrs. Kavitha Chandra Mouli hasa..
    Locations looking for expansion Tamil nadu
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chennai Tamil nadu
  • Others Food Service
    About Us: Kake Di Hatti, serving since 1942. Times of India..
    Locations looking for expansion Delhi
    Establishment year 1950
    Franchising Launch Date 2009
    Investment size Rs. 20lac - 30lac
    Space required 900
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater 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