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Plus Vending to expand its network in India
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Monday, 21 December, 2009, 08 : 00 AM [IST]
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Our Bureau, Mumbai
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After selling over 3,000 beverage vending machines and premixes, Plus Vending Corpn; one of the leading manufacturers & marketers, has decided to venture into other regions of the country.
According to the company, Francorp, part of Franchise India Group, the franchise and retail solutions company, will help Plus Vending to expand.
Commenting on the association, Gaurav Marya, president of Francorp, said, “The Indian readymade food & beverage services sector was estimated at Rs 58,000 crore in 2008, out of which 7.24 % (about Rs 8,000 crore) is accounted for by the organised sector. Tea is considered as the most ancient beverage and its consumption worldwide is second only to water.”
“In India, 76% of total beverages consumed are tea and coffee, which further opens the door for this exciting brand in this fertile market. With strong, proven and ready to implement business models, Plus Vending is the perfect model for investors to look into as it contains no artificial colours, flavours or preservatives. Francorp would help in strategising and to make the marketing plan,” Marya added.
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