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Pritesh Patel Profile picture
Pritesh Patel
@Pritesh7994
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May 15, 2023 • 7 tweets • 2 min read
Latest updates on CROMPTON GREAVES CONSUMER: 1) earlier company was B2B oriented company but now company has started to shift to B2C segment. 2) Company’s main focus is to expand deep into household Kitchen appliances. 3) company set up its largest R&D center of over 50,000 Sq… …ft in Vikhroli Mumbai to develop new products with advance technologies like IoT. The company has already developed a strong line up of smart products in IoT space like IoT lamps and battens, IoT coolers and IoT smart plugs. 4) Company expects Rs 300-400 crore revenue from …
Jul 12, 2021 • 8 tweets • 2 min read
Thread on LOGISTICS: India has total population of around 1.39 billion. There are 1.10 billion mobile connection in India. Out of these connections only 624 million people use internet connections. Internet penetration in India is at around 45%. In next 3-4 years this… …internet penetration will increase to around 55-60% since India will have the youngest population in the world. So basically consumption will mostly depend on the number of mobile and internet users since everything from insurance to grocery, grocery to opening of bank a/c …
Jul 10, 2021 • 8 tweets • 2 min read
No one can judge Biyani accurately. Earlier also his business face debt issue, but he saved it by selling some of his business formats and he was once again in the game. This time also he could save his business easily since big players were interested in future group for some… …stake.But since last 3-4 years his focus has been shifted from retail to Creating his own FMCG brands under Fconsumer.Earlier before covid Fconsumer’s yearly revenue was around Rs 4,000cr and it was the fastest growing FMCG company.But due to pandemic his retail business got..
Feb 18, 2021 • 5 tweets • 1 min read
NOCIL enjoys monopoly business. Only two companies are leaders in world for rubber chemicals. NOCIL (India) and Sunshine (China). Due to environment issues and anti china effect sunshine has reduced its production. Plus Indian government plans to put Anti dumping duty on ... ...PX-13 rubber chemical. India government has also put anti dumping duty on tyres. So tyre companies will also use tyres made in India for which they will require PX-13 rubber chemical. And NOCIL enjoys monopoly in it. All rubber products (tyres, footwear sole, gloves etc)...