Marvel Tea gets export order from UAE, eyes 30% growth by Mar '08

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New Delhi, Jan 13 (UNI) Marvel Tea Estate India Ltd today said it has bagged a repeat export order of one lakh kilogram, against previous order of 80,000 kg for 'Yellow Tea' from the United Arab Emirates, and eyes a growth of more than 30 per cent by March '08.

The export order will be executed with shipment of five containers will be completed from Nava sheva port in Mumbai by March this year, a company statement said.

Meanwhile, the Haryana-based firm is also eyeing a growth of more than 30 per cent over the last financial year, to touch 16 million kg by March '08.

Up to the third quarter of the current fiscal 2007-08, the company has registered sales of 11 million kg.

At present, the firm has two brands -- Marvel and Maryada.

Under Marvel Tea category, there are four products such as Marvel Yellow, Marvel Glory, Marvel Red&Marvel Gold and two products under Maryada Tea category namely Maryada Prime&Maryada Magic in order to cater all major consumer segments for tea.

UNI BJR SBA KN1711

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