Financial Daily from THE HINDU group of publications Wednesday, Apr 12, 2006 |
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Marketing
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New Products & Services FnS plans cutlery for Indian foods Our Bureau
Mr Jain said that he started the company 17 months ago with an investment of Rs 3 crore. The company has roped in designers from Italy, France and Scandinavia to design the collections. The Indian cutlery market is largely unorganised and is estimated to be about Rs 125 crore. The organised segment accounts for about Rs 25 crore. He said FnS India aims at capturing about 25 per cent of this market by the year-end.
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