Log has written
SUNDAY, FEBRUARY 12, 2012

Kolkata: Vijay Mallya-owned United Spirits Ltd is likely to invest around Rs50 crore in West Bengal for expanding the capacity of its Asansol distillery.

“We have applied to the state excise department for expanding capacity of our Asansol distillery. This may cost between Rs40-50 crore,” USL Chief Operating Officer (East & Nepal) Kaushik Chatterjee said.

Apart from the Asansol facility, USL also has another distillery at Serampore. These two have a total manufacturing capacity of two lakh cases per month.

Chatterjee, however, declined to divulge what the total capacity of the Asansol distillery would be after expansion.

USL has 22 bottling plants in the East. Of these, five are company-owned. An additional two plants were likely to be added before the year-end in Kolkata and Assam, he said.

Chatterjee said the company expected a 30% growth in volume in the current fiscal in the East alone. USL had recorded 15% growth in total sales volume in the second quarter ended 30 September, 2008 over the corresponding period last fiscal.

The company, which produces over 140 brands in different flavours, had sold around eight million cases in the last fiscal in the East, which, according to Chatterjee, should cross the 10-million mark by the end of this fiscal.

Tags - Find More Articles On:
READ MORE ARTICLES BY:
blog comments powered by Disqus
Factory output slumps in Dec
Industrial production growth slips to 1.8%, strengthens case for central bank to kick off rate-cut cycle
Legrand group to buy UPS division of Numeric Power
Legrand will pay Rs 806.44 crore for the units in India and Sri Lanka, and another $4.5 million (around...
Army chief withdraws case, govt says his integrity not questioned
Singh’s year of birth will remain 1950 officially, thereby leading to his retirement on 31 May...
The question of motive
Mint’s online and print opinion sections seek to set the agenda using logical arguments and would...
Bobby Yazdani | Think of us as a private social network for business
Saba’s Bobby Yazdani says the business world is not just about collaboration, but also about connecting...