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| Think Tank |
This week we focus on a complete analysis of the
pharma industry
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Agni Tea launchedin Mumbai
Anamika Rath
Mumbai, Oct 21: The Rs 900-crore Tata Tea launched `Agni Tea' in Mumbai on Thursday. This is part of the nationwide launch for Agni which started in December 1998. The two remaining states are Rajasthan and Orissa. Priced at Rs 33 for a 250 gm pack, it is being positioned as a strong tea meant for value conscious consumers who want a particular standard of tea at a reasonable price. Film actress Sridevi is being featured in the ad campaign.According to Tata Tea's senior vice-president P Siganporia: ``While we had targeted a sale of one million kg sales in the first year of launch, we surpassed the target in five months. So we are redefining our targets now.'' Agni Tea is being targeted at the middle and lower middle class. While brands like Tata Tea and Society are targeted at the premium segment, Agni will basically be competing with the loose tea market which caters to different market with different blends. For the Mumbai region, about 5200 retail outlets have been identified. This is 40 per cent of the retail outlets in which Tata Tea as a brand is available. As regards the marketing initiatives, specific campaigns talking about the strength and price of the product would be launched in each region. The company does not have any plans to offer freebies. Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.
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