Nutricane Plans To open 10K Outlets in India
Nutricane Plans To Open 10K
Outlets in India
Food and beverages start up Nutricane
Beverages is aiming to have a presence at nearly 10,000 retail outlets in India
with its patented processed sugarcane beverage. The company, which last week
started rolling out its range of products, is planning to be present in states,
including NCR, Haryana, Punjab, Uttarakhand and Rajasthan in the first phase. It
aims to have 3 per cent market share in the beverages segment in India by the
next three years.
Nutricane Beverages co-founder
Sachin Goel said “A lot of R&D was done to make this product. Besides,
regular consumer trials were undertaken over a period of years and the response
has been overwhelming. We aim to have 3 per cent market by 2020. The product
will be present at all modern trade as also other retail outlets, hotels and
restaurants. The target is to be present in about 10,000 retail touch points in
one year through 400 distributors.”

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