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Shree Chhatrapati Shivaji Market Yard, known locally as ‘Market Yard’, is a wholesale market for agricultural produce like vegetables, fruits and flowers in Pune city. It is located near Gultekdi in Maharshi Nagar and close to Swargate. It is an important commercial area.
He then moved to Pune and along with his brother Narsinha started vending milk supplied to him from Bhilawadi in Palus, Maharashtra. The business became a success in the city and in the year 1950 he bought a 500 square feet shop where he set up a new enterprise, Chitale Bandhu Mithaiwale.
In the last 10 years, the revenue in FMCG industry in India has been growing at the rate of 21.4%. [2] There was a drastic change in revenues in FMCG sector growing from US$31.6 billion to US$52.8 from 2011 to 2017-2018 respectively. [3]
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It is the world's second-largest manufacturer and distributor of tea and a major producer of coffee. [4] Formerly known as Tata Global Beverages Limited (TGBL), Tata Consumer Products was formed when the consumer products business of Tata Chemicals merged with Tata Global Beverages in February 2020. [5]
As one of the largest cities of India and major centre of learning with several colleges and universities, Pune has emerged as a prominent location for IT and manufacturing. Pune has the eighth largest metropolitan economy [182] and the sixth highest per capita income in the country. [183]
On 1 January 2021, Jubilant FoodWorks purchased a 10.76% stake in Barbeque Nation Hospitality Limited for ₹ 92 crore (US$11 million). [23] The company acquired a 35% stake in Mumbai-based food tech startup Thrive for ₹ 24.75 crore (US$2.9 million) in October 2021.
Wipro Enterprises Private Limited is an Indian multinational company whose main activities are in the fast-moving consumer goods, lighting, hydraulic cylinders, industrial automation, 3D printing and aerospace component manufacturing and industrial water treatment business.