- Oct. 25, 2019
-- TULS Group on Thursday announced that it has forayed into the manufacturing of Party Products that will help the company to generate additional revenue in the first year of operation.
The company today launched its party products under brand 'PartyXone' that would be manufactured at Pune a leased facility, the company said.
"The party supplies segment has seen phenomenal growth in the western world and over past few years, we expect similar growth in the Indian Market. We have been selling the products since last two year's but with TULS Group being part of the PartyXone, we intend to grow exponentially. We see tremendous opportunity in the sector. We intend to bring innovative products and aim to become integrated Party products manufacturing company" PartyXone
CEO. Mr. Ratnakar Satpute said.
"Ratnakar is passionate and innovative person, he has experience in handling both B2C and B2B customers. TULS bets on his capability. PartyXone plans to manufacture different variant and sizes of party poppers initially and it has already got very good foot hold in the market. PartyXone intends to start in house production of about 20 party products in the first year of launch" TULS Group
head, Vaibhav Satpute said.