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Indian Beverage market size is $2.2Bn.There are 18000 reliance retail store across India. Even if CCS hits the market through 50% of its retail stores few % share from its beverage market thats huge.
The partnership comes in peak summer season. ( would like to see some ads in Indian premier SAT channels for the Elephant to make a strong brand presence, and JKH & Reliance is capable of doing it to capture a good mkt share )
The good thing about JKH is they are partnering with Indian business giants like Ambani and Adhani. These two benefit the more from India progressing towards the 3rd largest Economy in the world with a a current GDP of $3.176 trillion.
Counting on JKH with these developments to give life to CSE and the JKH & Subs shares reaching different levels in future.
Good for LT investment, but the risk that always poses a question is when is the election? who will win? what impact that will have on CSE
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