Organic India eyes 35% market share; $10 mln revenue by FY09-end

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New Delhi, Oct 1 (UNI) Eyeing 35 per cent share of the fast growing organic product market in the country, Organic India Ltd today said it expects to generate 10 million dollars revenue by the current fiscal-end.

''Demand for organic products is brewing and catching up in a big way...We aim at capturing 35 per cent market share of this growing market and generate 10 million dollars in revenue by FY09-end,'' company Deputy General Manager (Sales &Marketing) Saurabh Tiwari told UNI.

The company has also started exporting branded 'Isabgol' to the US, Malaysia, Austraila, Israel and Japan.

However, for the domestic consumers, it plans to launch the product later in a phased manner due to presence of small players who are already doing well in the field.

''We plan to do this in a phased manner, but at a later stage as we will like to concentrate more on our current portfolio,'' Mr Tiwari said.

The company has over 50,000 acres of land involved in organic farming and spread across various states of the country.


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