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Old July 15th, 2019, 08:49 AM   #4521
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The Rs 500 crore animal feeds company Anmol Feeds has drawn up plans to set up one shrimp feed unit at Kolkata and floating fish feed facility in the Bihar-Uttar Pradesh border. While the unit in Kolkata will be set up at a cost of Rs 25 crore, the floating fish feed unit will require an investment of Rs 30 crore.


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Old July 18th, 2019, 02:59 PM   #4522
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Bengal allots 70 acres to 187 new tanneries in Calcutta Leather Complex

West Bengal is all set to become the leather hub of the country. The Mamata Banerjee-led government is rolling out a red carpet for tanners from Uttar Pradesh who are facing the ire of the Adityanath government.

The West Bengal government on Thursday announced a fresh allotment of 187 new tanneries at the Calcutta Leather Complex in Bantala, Asia’s largest integrated leather complex. It has allotted about 70 acres of additional land to the existing 202 acres complex.

Close to 60 per cent of the new allotment has been for tanneries based in Uttar Pradesh, about 35 per cent for those in West Bengal, and about 5 per cent for those based in Tamil Nadu, said Ramesh Kumar Juneja, regional head, Indian Leather Product Association (ILPA).

In the past two to three years, out of 500 tanneries in Uttar Pradesh, more than 400 tanneries were closed on orders from the state's Pollution Control Board.

At present, a handful of about 35 to 36 tanneries are operational in the state, although the UP government is likely to allow the reopening of many in the coming days, says Javed Iqbal, president, Council for Leather Exports.

However, the incentives laid out by the West Bengal government might prompt tanners further expansion of their business here, he added.

At present there are close to 400 tanneries operational at the hub, and in the next two years, about 600 more are likely to set up units in Bantala complex, said Iqbal.

The Bengal government will establish a leather goods park and a footwear park, along with a common facility centre to support leather processing. Also on cards is a micro tanners’ hub spread over 10 acres and a sewerage treatment plant spread over 50 acres among other facilities.

The size of the leather industry in Uttar Pradesh is pegged at around Rs 30,000 crore, according to Iqbal.
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Old July 18th, 2019, 06:22 PM   #4523
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Good that we are getting this industry. Should generate significant export. I would love to see collaboration between them and NIFT/NID etc. High end product should fetch top $.
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Old July 20th, 2019, 02:37 AM   #4524
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After acquiring the Nature’s Basket from the Godrej Group in a Rs 300 crore deal, the RP-Sanjiv Goenka Group (RPSG) is keen to expand this brand of grocery retail in Kolkata and is currently scouting for space to open the first flagship store.

Sanjiv Goenka, the group’s chairman, said that Spencer’s Retail – the acquirer belonging to the RPSG group stable – intends to set up 15-20 stores under Nature’s Basket brand. Ideally, while each of these stores should be between 4,000-5,000 square feet, the maiden store in the city should have an area no less than 10,000 square feet.

“We are keen to expand this brand in Kolkata and desperately scouting for available space across the city”, he said.

These stores are arranged in format of neighbourhood convenient stores and the RPSG group currently wants to limit the operational scope of Nature’s Basket to Mumbai and Kolkata only.

Under its former owner, Nature’s Basket, in the last decade and a half since its launch, tried to enter Delhi, but with little success.

“However, another different brand-name has already been registered and the Spencer’s board will take the final call if we will use the Nature’s Basket brand name or any other. Ideally, I think it should be Nature’s Basket”, Goenka said.

The private labels of Nature’s Basket, which includes Healthy Alternatives, L’Exclusif and Nature’s, will also be made available across these upcoming stores.

In Kolkata, Spencer’s already has strong presence across the city with 37 stores in various formats.

However, Goenka believes that the brand positioning of these brands is different and hence the customer base may be different as well.

While Spencer’s alone has 156 stores across 33 cities in the country, Nature’s Basket is currently limited to 36 stores in Mumbai, Pune and Bengaluru. The acquisition had effectively translated into the retail division of the RPSG Group expanding its footprint to 192 stores and gave it access to western India.

Operational since 2005, Nature’s Basket sells products ranging from fresh fruits and vegetables to fish and meat, artisanal breads, FMCG, and staples. Some of the stores in Spencer’s have a similar kind of portfolio, but it also focusses on gourmet food and apparel as well.

The erstwhile Godrej Group firm posted a turnover of Rs 338.28 crore in the last financial year, which is an increase of 17.08 per cent from 2017-18 while Spencer’s reported a 109.68 per cent rise in its net revenue at Rs. 2187 crore in the year ended March 31, 2019.

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