Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Delectable Spread

India Business Journal

|

October 2016

With an asset-light business model, Harley Foods has drawn up ambitious expansion plans to turn into a pan-India snack company.

- Shrivatsa S Joshi

Delectable Spread

Soumiik Mitraa wants to have a big bite of the Indian snack market. Having tasted success in Gujarat, the young and dynamic chairman and managing director of Harley Foods is readying for a pan- India launch of his Harley brand of chips and namkeens (salted snacks).

"We are planning to have a pan- India launch by 2017 and will cover 60 per cent of the domestic market by the next financial year," discloses Mr Mitraa. The Harley Foods chief is counting on his over two-and-a-half decades of rich experience as a professional in the fast-moving consumer goods (FMCG) segment.

His Surat, Gujarat-based company has established strong footprints across 12 States in the western, southern and northern parts of the country. Harley's more than 50 variants of chips and salted snacks, which have materialised after extensive research on regional tastes and popular flavours, are finding their way across these markets. The snack maker is now focusing on building markets in West Bengal and eastern India to attain nationwide presence.

Last September, Harley Foods shot into the limelight with the big-bang launch of its products in Mumbai. Mr Mitraa had roped in top celebrities from the world of film and television to unveil Harley products in the country's commercial capital.

Lip-smacking launches

Glamour apart, a lot of thought seems to have gone into the making and marketing of Harley's snacks. The brand's catchy tagline, Bache Khush Toh Hum Khush, aptly targets children, the most powerful and influential market-movers today. Besides, the company has introduced high-quality, mouth-savouring, healthy snacks at an attractive price point of Rs 5 per packet. "The idea is to get the product out and moving in the market. Premium products of higher price points will be gradually launched as our snacks gain popularity in the market," adds Mr Mitraa.

MORE STORIES FROM India Business Journal

India Business Journal

India Business Journal

Top Crisis

Short-term, consumer-centric measures have left the tomato, onion and potato farmers struggling to eke out a living.

time to read

10 mins

November 2019

India Business Journal

India Business Journal

Boon Or Bane?

With some adequate safeguards, the government's e-assessment scheme can be a win-win situation for both tax department and taxpayers.

time to read

3 mins

November 2019

India Business Journal

India Business Journal

Revisiting Development

Sustainable development is the way forward for India, which is in the midst of an economic downturn, ecological crises and stark human distress.

time to read

15 mins

November 2019

India Business Journal

India Business Journal

The Cabotage Debate

Relaxation of Cabotage rules has pitted foreign shipping lines against domestic shipping companies.

time to read

4 mins

November 2019

India Business Journal

India Business Journal

Catch-22

India finds itself in an unenviable position, as it weighs the pros and cons of joining RCEP.

time to read

4 mins

November 2019

India Business Journal

India Business Journal

Accept Mistakes Quickly

Anto Binish Kaspar is a firm believer in technology.

time to read

5 mins

October 2019

India Business Journal

India Business Journal

We Will Have 30 Franchisees By 2020

Naresh Sharma , CEO , Skora paints

time to read

5 mins

October 2019

India Business Journal

India Business Journal

The Revival Conundrum

Along with a patchwork of band-aids, a smart combination of monetary and fiscal measures can get the ailing economy back into the pink of health.

time to read

16 mins

October 2019

India Business Journal

India Business Journal

Mahatma Gandhi @150

The Mahatma firmly advocated that this world has enough for everyone's need but not greed. Gandhian economics, no wonder, cannot be more relevant today in times of erratic economic development, jobless growth and adverse climate changes.

time to read

2 mins

October 2019

India Business Journal

India Business Journal

Bitterness Lingers

A hike in subsidy does little to boost exports, thanks to a glut in the global market, and leaves sugar prices subdued in the domestic market.

time to read

6 mins

October 2019

Translate

Share

-
+

Change font size