![]() Financial Daily from THE HINDU group of publications Friday, Feb 03, 2006 |
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Marketing
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New Products & Services Natural Care tea from HLL Our Bureau
Hyderabad , Feb. 2 HINDUSTAN Lever Ltd (HLL) is targeting a three per cent market share in the organised tea market for its new product Brooke Bond Red Label Natural Care. Announcing the launch here on Tuesday, Mr Anand Ramachandran, Marketing Manager of Brooke Bond, said the product comprises five natural ingredients adrak, ashwaghandha, mulethi, elaichi and tulsi. Red Label Natural Care is being positioned as a wellness product. "We hope to create a new segment of users within the tea-consuming population," he said. The product is available in two variants 250 gm (Rs 53) and 100 gm (Rs 20). Mr Ramachandran said the Rs 6,400-crore organised tea market has emerged as the second biggest beverages segment after the Rs 7,000-crore carbonated soft drinks market.
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