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Tata Motors global sales up by 16% in January — Tata Motors’ global
sales increased by 16% Y/Y to 98,998 units in January 2011. Sales of
luxury brands from Jaguar Land Rover were at 20,377 units in January,
up 25% Y/Y. While Jaguar sales increased by 3% last month to 3,056
units, Land Rover sales jumped by 30% to 17,321. (Economic Times)
Redrawing distribution plans for Fiat: Tata Motors — Tata Motors has
said that it is redrawing distribution plans of its joint venture with
Fiat as sales number of the Italian carmaker has not been up to
expectations. As part of the plan, Fiat will now have its own
independent brand showroom to showcase its products, although it will
continue to sell cars through Tata Motors showroom. (Economic Times)
Amul to increase milk prices by Rs 1/litre in Maharashtra — Amul, the
country’s major milk brand, has decided to increase the prices of its
two top-selling brands, Amul Taza and Amul Slim and Trim, by Rs
1/litre from Thursday (February 17) across Maharashtra. Other dairies
have decided to increase the price by Rs 3/litre. (Economic Times)
Smuggled cigarettes thrive as local prices soar — With increased
dumping of low-cost smuggled cigarette brands in the country from
China, Myanmar and Nepal, India now ranks sixth in the world and
fourth in Asia among countries with the highest consumption of
smuggled cigarettes. The contraband trade in cigarettes consists of
the international brands like Marlboro, Rothmans, Benson & Hedges,
Camel among others. Also, there are counterfeit manufacturers who
produce the duty-evaded cigarettes and sell them at lower price
points. In value terms, the domestic contraband cigarette market is
pegged at over Rs 20bn or 10% of the overall cigarette market. But
what strikes out is that it grew rapidly at a compounded annual growth
rate of 60% between 2004-2009. (Financial Express)
Fruit drink cos chart mega growth plans — The market dynamics will
soon change in the Rs25bn branded fruit drinks sector in India with
increasing competition. To sustain its competitive edge, Parle Agro is
building up its distribution to reach out to a wider audience, while
Godrej Hershey’s is looking at relaunches (of its existing brands Xs
and Jumpin) and new launches to woo health-conscious consumers. Dabur
India is investing in its manufacturing infrastructure and product
development projects to promote its brands Real and Active in
competitive markets, while planning to introduce a slew of new
products in this sector soon. Meanwhile, Tata Global Beverages is fine
tuning its marketing strategy for its fruit- based drink Tion in
southern states prior to its national roll out of its new launch.
(Financial Express)
Visit http://indiaer.blogspot.com/ for complete details �� ��
Tata Motors global sales up by 16% in January — Tata Motors’ global
sales increased by 16% Y/Y to 98,998 units in January 2011. Sales of
luxury brands from Jaguar Land Rover were at 20,377 units in January,
up 25% Y/Y. While Jaguar sales increased by 3% last month to 3,056
units, Land Rover sales jumped by 30% to 17,321. (Economic Times)
Redrawing distribution plans for Fiat: Tata Motors — Tata Motors has
said that it is redrawing distribution plans of its joint venture with
Fiat as sales number of the Italian carmaker has not been up to
expectations. As part of the plan, Fiat will now have its own
independent brand showroom to showcase its products, although it will
continue to sell cars through Tata Motors showroom. (Economic Times)
Amul to increase milk prices by Rs 1/litre in Maharashtra — Amul, the
country’s major milk brand, has decided to increase the prices of its
two top-selling brands, Amul Taza and Amul Slim and Trim, by Rs
1/litre from Thursday (February 17) across Maharashtra. Other dairies
have decided to increase the price by Rs 3/litre. (Economic Times)
Smuggled cigarettes thrive as local prices soar — With increased
dumping of low-cost smuggled cigarette brands in the country from
China, Myanmar and Nepal, India now ranks sixth in the world and
fourth in Asia among countries with the highest consumption of
smuggled cigarettes. The contraband trade in cigarettes consists of
the international brands like Marlboro, Rothmans, Benson & Hedges,
Camel among others. Also, there are counterfeit manufacturers who
produce the duty-evaded cigarettes and sell them at lower price
points. In value terms, the domestic contraband cigarette market is
pegged at over Rs 20bn or 10% of the overall cigarette market. But
what strikes out is that it grew rapidly at a compounded annual growth
rate of 60% between 2004-2009. (Financial Express)
Fruit drink cos chart mega growth plans — The market dynamics will
soon change in the Rs25bn branded fruit drinks sector in India with
increasing competition. To sustain its competitive edge, Parle Agro is
building up its distribution to reach out to a wider audience, while
Godrej Hershey’s is looking at relaunches (of its existing brands Xs
and Jumpin) and new launches to woo health-conscious consumers. Dabur
India is investing in its manufacturing infrastructure and product
development projects to promote its brands Real and Active in
competitive markets, while planning to introduce a slew of new
products in this sector soon. Meanwhile, Tata Global Beverages is fine
tuning its marketing strategy for its fruit- based drink Tion in
southern states prior to its national roll out of its new launch.
(Financial Express)
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