As of now, we are only entering the FMCG market in India: Abhishek Verma, Olialia World
As of now, we are only entering the FMCG market in India: Abhishek Verma, Olialia World
nnIn an email-interview with National Political Mirror, Mr. Abhishek Verma exchanges his views on Olialia World?s present and future business strategies, its foray into Indian market and building of Olialia International Airport in Maldives. Excerpt:nnNational Political Mirror: Can you share with us in brief Olialia World’s mantra of success?nnAbhishek Verma: Olialia?s mantra of success is the fact that we are offering a product of high quality at a lower price. It?s like experiencing the comfort of a Rolls Royce at the price of a Fiat.nnNational Political Mirror:Which of your company’s product is best suited for Indian consumers?nnAbhishek Verma: All our products worldwide are made with the best quality of raw materials and experienced technical staff. We cannot choose any one as the categories of product range differ from person to person and their usage habits.nnNational Political Mirror:Share with us Olialia India’s market capitalization since it forayed into Indian market.nnAbhishek Verma: Olialia?s market cap worldwide is over $2 billion and we are launching the brand in India as well as other parts of Asia-Pacific.nnNational Political Mirror: What about Olialia’s big investment in Luxury Properties and Hospitality?nnAbhishek Verma:Olialia World always had a dream to build their own Island Resort in the Maldives. We are simply implementing their plans and have also been invited by the Govt. of Maldives to build an International Airport which will be called Olialia International Airport Maldives.nnNational Political Mirror: Are you planning to invest in Indian states the same way as you are doing in Maldives?nnAbhishek Verma: We are only entering the FMCG market with our Olialia products as of now in India.nnNational Political Mirror: There is a buzz around your beer products. Where do you see Olialia Beer which is being launched globally in 2018?nnAbhishek Verma: The Beer industry has been growing on an average by 5-6% per year per country each year since 2010. Today, its not only Strong and Light but even a range of Wheat and Stout based Beer. We are currently working towards the launch of Olialia Beer in Maldives and hope to launch very soon in India as well.nnNational Political Mirror: Five years down the line, where do you see the Olialia brand?nnAbhishek Verma: We see the brand in five years with a market cap of minimum $10 billion.nn nn