Mudra Connext bags over Rs 10 Cr business of Eastern Spices
On handing the media duties to Mudra Connext, Navas Meeran, Vice-Chairman & CEO, Eastern Condiments Pvt. Ltd, says, "Eastern as a spices, seasonings & ready to cook brand has a unique distribution & a strong retail presence with an equally strong equity amongst the consumers. To build on & to enhance the brand equity, Eastern has decided to partner with Mudra Max to provide brand Eastern, the right mix of marketing communication & media vehicles".
Eastern Condiments (ECPL) started originally as a family-managed business and has since transformed into a professionally-run company operating throughout the length and breadth of the country. Currently, ECPL sells packaged spices (pure and mixed), seasoning products, dessert & snack mixes, ready to cook staple food that have a 12% share of the organized spice market brands. Eastern has also made profit each year, through the last decade and grown at 25% in the last 3 yrs.
Manas Mishra, EVP & Country Head, Mudra Connext, says, "Eastern has shown faith in who we are and what we bring to the table. We are confident this partnership will be mutually beneficial. Over the past year, we have had major wins across offices, and this win tells us we are doing many things right."
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