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    FNP 2

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    Mudit Sharma
    The Indian floriculture market was worth 157 billion INR in 2018 and is projected to reach 472 billion INR by 2024, growing at a CAGR of 20.1%. Sales of cut flowers have increased tenfold over the last decade in major Indian cities, making it a 100-crore industry. Ferns N Petals, a major company in the industry, earns 30% of its sales from cakes and aims to become a 500-crore business by 2020, reporting total revenue of 140.5 crore INR in FY2018.

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    FNP 2

    Uploaded by

    Mudit Sharma
    26 views1 page
    The Indian floriculture market was worth 157 billion INR in 2018 and is projected to reach 472 billion INR by 2024, growing at a CAGR of 20.1%. Sales of cut flowers have increased tenfold over the last decade in major Indian cities, making it a 100-crore industry. Ferns N Petals, a major company in the industry, earns 30% of its sales from cakes and aims to become a 500-crore business by 2020, reporting total revenue of 140.5 crore INR in FY2018.

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    The Indian floriculture market was worth 157 billion INR in 2018 and is projected to reach 472 billion INR by 2024, growing at a CAGR of 20.1%. Sales of cut flowers have increased tenfold over the last decade in major Indian cities, making it a 100-crore industry. Ferns N Petals, a major company in the industry, earns 30% of its sales from cakes and aims to become a 500-crore business by 2020, reporting total revenue of 140.5 crore INR in FY2018.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    26 views1 page

    FNP 2

    Uploaded by

    Mudit Sharma
    The Indian floriculture market was worth 157 billion INR in 2018 and is projected to reach 472 billion INR by 2024, growing at a CAGR of 20.1%. Sales of cut flowers have increased tenfold over the last decade in major Indian cities, making it a 100-crore industry. Ferns N Petals, a major company in the industry, earns 30% of its sales from cakes and aims to become a 500-crore business by 2020, reporting total revenue of 140.5 crore INR in FY2018.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 1

    Potential market size

    • The Indian Floriculture market was worth INR 157 Billion in 2018. The
    market is further projected to reach INR 472 Billion by 2024, growing
    at a CAGR of 20.1% during 2019-2024.

    • A survey conducted recently shows that the sale of cut flowers has
    increased tenfold over the last decade in Indian metro cities like New
    Delhi and Mumbai and almost every other big city, and as a result this
    business has blossomed into a Rs 100-crore industry today.

    • For Ferns N Petals (FNP), cakes account for 30% of the sales.

    • FNP aims to become a Rs 500-crore business by 2020. Ferns N Petals


    Pvt Ltd reported total revenue (excluding wedding business) of Rs
    140.5 crore in FY 18, as against Rs 108.5 crore in FY 17

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