UB Group, world’s number three spirit company is busy charting out plans to sell its wine in the overseas market. And the first destination is China where the company is thinking of foraying within the next two to three weeks. Unlike its earlier projects, this time around the company is not looking forward toany acquisitions in the near future. The entry plan would require an investment of Rs.4 billion which would be used in increasing its capacities in Rajasthan, Uttar Pradesh,Orissa and Andhra Pradesh, and the wine produced would be sold in China.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
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