Financial Daily from THE HINDU group of publications
Friday, Oct 21, 2005


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Marketing - Promotions & Offers


Shah Rukh to endorse Emami's chyawanprash

Our Bureau

KOLKATA: Bollywood star Shah Rukh Khan will be the new brand ambassador for Emami Ltd's Sona Chandi Chyawanprash. Sourav Ganguly and Sunny Doel already endorse the product.

Mr Aditya Agarwal, Director of Emami, said at a press conference that the brand currently enjoys 18 per cent market share, with sales of Rs 30 crore. Dabur Chyawanprash is the market leader with 60 per cent share.

Emami hopes to increase sales of Sona Chandi Chyawanprash to Rs 40 crore this fiscal. "With this, our market share is likely to increase to 25 per cent," Mr Agarwal said.

He said that in 2004-05, the brand grew 8 per cent against the industry average of 6-7 per cent.

The company has chalked out a Rs 8-crore advertisement campaign centred around all the three brand ambassadors, he said.

"We launched the Sona Chandi brand in 1999 and within five-six years captured 18 per cent of the market share. We have changed the product dynamics of this sector," Mr Agarwal added.

As chyawanprash is basically a winter product, Emami has also developed a summer variant called Amritprash.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Tata Safari Dicor

Stories in this Section
Indian Bank eyes insurance broking


LG gears up to expand AC market
Canon eyes Rs 400-cr revenue, to shift marketing strategy
Sahara One plans to go for bouquet sales — Filmy channel to be launched soon
Sony Pictures plans Hindi film
The Hindu Lifestyle show inaugurated in Coimbatore
TN Tourism Dept plans road shows
Shah Rukh to endorse Emami's chyawanprash
Ricoh eyes 30 pc market share
RPG opens Spencer hypermarket
Godrej Sara Lee to unveil GoodKnight in gel form


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line