Dhanuka to expand distribution network
Indian company Dhanuka Agritech (New Delhi) will add 1,000 distributors to its existing network of 6,200 distributors this year, reports new wire Business Wire. The move is in line with the company’s target of doubling its gross turnover to Rs 10,000 million ($222 million at the current rate) in the next couple of years. It achieved the milestone of revenues of Rs 5,000 million ($111 million) in the financial year ended March 31st and claims to be among the top five companies in branded sales in the Indian market. Dhanuka Agritech has four production facilities at: Gurgaon and Sohna near Delhi; Udhampur in the northern Indian state, Jammu and Kashmir; and Sanand in the western Indian state, Gujarat. It is enhancing capacity at Sanand and Udhampur.