would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc.. 
Home
Sri Lankan diversified multinational Carson Cumberbatch has signalled that it may opt out of the Indian brewery market where it has a 22.5% stake in the Indian joint venture with Carlsberg to focus more on the domestic market as well as exports to India by Lion.
According to comments in the group's Financial Year 2011 annual report by its Chairman Tilak De Zoysa, who indicated that faced with a choice between more investment in the "long haul" Indian market, or the "fairly lucrative" local market, the "likely" option would be a sell out of its Indian stake to Carlsberg.
Mr. De Zoysa also revealed that the company had just concluded a 30% expansion to its capacity which saw the total volume brewed during 2010-2011 to 80 million litres, in response to increased domestic demand which he identified as arising from "new regional markets, higher disposable incomes, growth in tourism and a conducive environment for entertainment events." In total, this segment had witnessed a 61% year-on-year growth to Rs. 1.0 billion in PAT.
http://www.sundaytimes.lk/110612/BusinessTimes/bt30.html
According to comments in the group's Financial Year 2011 annual report by its Chairman Tilak De Zoysa, who indicated that faced with a choice between more investment in the "long haul" Indian market, or the "fairly lucrative" local market, the "likely" option would be a sell out of its Indian stake to Carlsberg.
Mr. De Zoysa also revealed that the company had just concluded a 30% expansion to its capacity which saw the total volume brewed during 2010-2011 to 80 million litres, in response to increased domestic demand which he identified as arising from "new regional markets, higher disposable incomes, growth in tourism and a conducive environment for entertainment events." In total, this segment had witnessed a 61% year-on-year growth to Rs. 1.0 billion in PAT.
http://www.sundaytimes.lk/110612/BusinessTimes/bt30.html
