Dabur to invest Rs 100 cr by 2010
Buoyed by the increased demand for its flagship product, Real Juice, FMCG major Dabur Foods Ltd on Tuesday said it will invest Rs 100 crore to expand capacities and expects to double revenues to Rs 500 crore in the next three years.
We would close the current fiscal at a turnover of Rs 250 crore and are targeting to touch Rs 500 crore by 2009-10. The company would invest Rs 100 crore over the next three years to upgrade and expand facilities, Dabur Foods Chairman Amit Burman told reporters here.
He said nearly 70 per cent of the Dabur Foods turnover come from its flagship product, Real Juice, and the company expects the brand to contribute as much as Rs 350 crore to its turnover by 2009-10.
More : economictimes.indiatimes.com
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