|
To
lower distribution costs, Kumar informed that spends amounting
to Rs 120 million have been planned to set up two more manufacturing
plants - one each in North and South India.
Also,
the company has spent Rs 350 million on its existing manufacturing
facility in Bangalore.
Kumar
revealed that his company spent around Rs 10 million last
year for product promotion mainly by way of in-shop promotion
and advertisements.
This
year he plans to spend around Rs 150 million towards marketing
and promotion. TVCs and media plans are under preparation
and a promotion campaign could kick off three months hence.
At present, the creative work is being done by a Chennai-based
freelancer while the media buying is done directly by BNF.
Also
Read:
BNFL
announces all-India ad campaign
|