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Tiger Balm maker targets `200 cr revenues

DNMUM407724 | 2/14/2018 | Author : Ashish K Tiwari | WC :505

Mumbai: Haw Par Corp is looking to grow its revenues from the Indian market by over 135% in the next couple of years. The India unit, subsidiary of Haw Par Healthcare that’s owned by Singapore Exchange-listed firm Haw Par Corp, will also launch one new product every year over the next two years. The idea, according to a top company executive, is to build India product portfolio that currently comprises of ointment brand Tiger Balm only.
In an exclusive interview with DNA Money, A K Han, executive director, Haw Par Corporation, said that the company has been selling its flagship (over 100-year old) ointment brand in the Indian market since 1995.
“We are currently selling only one product (in different pack sizes) in the Indian marke
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