Nutra Grace launches products in AP, TS
City-based Nutra Grace, which is into food supplements and cosmetic products manufacturing, on Tuesday launched its product range in Andhra Pradesh and Telangana markets.
Hyderabad: City-based Nutra Grace, which is into food supplements and cosmetic products manufacturing, on Tuesday launched its product range in Andhra Pradesh and Telangana markets. The company claims to have over 100 products in its portfolio, but it will initially retail cosmetic product range in the two Telugu states. The company produces its products in liquid-filled capsule form.
Established in 1999 and changed its name to Nutra Grace in 2015, the company has been exporting its products since inception. Currently, it ships its products, mostly food supplements and cosmetics produced from natural ingredients, to 13 countries including the US and UK. The company has office in Sharjah. However, the company started selling the products in India from 2011, beginning with Gujarat. Later, it expanded to Mumbai and some parts of Kerala before coming to Telugu states.
“We are now launching the products in the Telugu states. In Hyderabad, we intend to have 150 outlets on board for selling our products. Currently, these products are available for sale in 40 outlets in the city,” Sunil R Gupta, Founder, Nutra Grace, told the media here after rolling out the products which are priced from Rs 500 to Rs 2,000.
On revenues, he said the company had clocked Rs 1.5 crore in export sales while the total revenues stood at Rs 10 crore. The company which has a plant with a capacity to produce 60,000 capsules an hour also undertakes contract manufacturing for other global and local companies. The company’s Livestamin Healthcare LLP handles the nutraceutical business.