Former Sri Lanka cricketer Muralitharan to invest Rs 1,400 cr in beverages unit in K’taka

The project, initially planned with an investment of Rs 230 crore, has now been revised to a total of Rs 1,000 crore

New Delhi: Sri Lanka cricket legend Muttiah Muralitharan will invest a total of Rs 1,400 crore in phases to establish a beverages (soft drinks) and confectionery unit in Badanaguppe in Chamarajanagara district, according to Karnataka Large and Medium Industries Minister MB Patil on Tuesday.

The announcement came after Patil held discussions with Muralitharan, who met him to discuss the project.

In a statement by the Minister’s office, Patil said the former Sri Lanka cricketer Muralitharan plans to manufacture beverages and confectioneries under the brand “Muttiah Beverages and Confectioneries.” The project, initially planned with an investment of Rs 230 crore, has now been revised to a total of Rs 1,000 crore. It will be further increased to Rs 1,400 crore in a few years, he said.

The minister also noted that 46 acres of land have already been allocated for the project and manufacturing operations are expected to begin in January 2025.

He also said officials have been directed to resolve minor issues related to the allocated land.

Patil further revealed that Muralitharan has plans to establish another unit in Dharwad in the near future.

The post Former Sri Lanka cricketer Muralitharan to invest Rs 1,400 cr in beverages unit in K’taka appeared first on India Retailing.

from India Retailing https://ift.tt/L6TXjPH
via IFTTT

Comments

Eagle Labs launches impirica CBD brand

ST. PETERSBURG, Fla. — Eagle Labs has launched impirica, a new brand of CBD intended to eliminate consumer fear, and increase confidence, in trying the exciting new cannabidiol category. Michael Law Although most Americans have now heard about CBD, many are very confused and concerned about product quality. This is inhibiting trial in the category and holding back conversion into sales. In fact, a 2017 study by Johns Hopkins University found that two out of three CBD products on the shelf did not contain the amount of CBD reflected on the label. Furthermore, in 2018 and 2019, the FDA sent notices to a substantial number of CBD manufacturers advising them of serious concerns about product quality or egregious medical claims. The impirica brand looks different than most CBD brands — the brand name itself connotes testing and trust, says Eagle Labs chief commercial officer Michael Law. “It doesn’t use the traditional category colors of browns and greens, and you won’t find a hemp lea

Feather & Black plots return to high street with new Dreams concession

// Concept space for Feather & Black revealed in Dreams store // More openings due later in 2021 // Dreams acquired Feather & Black last year Dreams has opened the first bricks-and-mortar presence for Feather & Black since it acquired the business last year. The new high street presence for Feather & Black comes in the form of a shop-in-shop concept located within Dreams’ Hedge End store. Dreams said the opening in Hedge Ends marks the beginning of a new phase for Feather & Black as an multichannel brand, with two additional standalone store openings planned for the brand this year. It comes after Feather & Black never reopened any of its stores after the first nationwide lockdown last year. That following July, Dreams acquired the Feather & Black brand, which entailed the permanent closure of the latter’s remaining standalone stores across the country. Leading up to the Covid-19 pandemic, Feather & Black had been under administration. Whil

Coronavirus Recovery: Canadian Small Businesses Must Focus on Easing Employee, Customer Fears

By M. Tina Dacin and Laura Rees A small business has been given the green light to reopen amid the COVID-19 pandemic . What does it need to consider for employees and customers? Small business owners are reorganizing physical space to account for continued distancing requirements and rethinking supply chains to deliver products and services in new ways to meet changing demand patterns. But they must not forget the hearts and minds of employees and customers. That doesn’t mean replacing a focus on the bottom line, but it helps address the need for a new set of expectations and ways of communicating in terms of product or service offerings, delivery methods and real-time feedback. Based on our expertise in organizational behaviour and past research we’ve conducted, we provide a set of recommendations to help small businesses thrive in our new COVID-19 economy by looking after the hearts and minds of the people most important to businesses — employees and customers. Fear, Anxiety

Latest Retail Insight, News, Information & Articles from all top sources for the Internet.

Search This Blog