Financial Daily from THE HINDU group of publications
Friday, Aug 13, 2004
Financial Daily from THE HINDU group of publications Friday, Aug 13, 2004 |
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Marketing
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New Products & Services Parryware foray into AP market Our Bureau
Hyderabad , Aug. 12 PARRYWARE, the bathroom products division of the Rs 600-crore EID Parry (India) Ltd of Murugappa group, has launched its range of taps and fittings here on Thursday. The company has targeted to capture a 10 per cent share in the taps market of Andhra Pradesh. Parryware Chief Executive Officer, Mr G. Ramprasad, told newspersons that the company was expecting to sell Rs 15 crore worth of taps and fittings across the country in the current fiscal. In the next three years, the share of taps and fittings in Parryware's turnover was expected to go up to 20 per cent. Last fiscal, the company had posted a turnover of Rs 160 crore. Apart from other features, according to Parryware General Manger of Sales and Marketing, Mr K. E. Ranganathan, the new range of the company's taps and fittings have foam flow, anti-skip knobs and high quality finishing.
More Stories on : New Products & Services | Ceramics | Andhra Pradesh
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