Hyderabad: Following the landmark judgment of December 22, 2011 that
“The impact of the said judgment on TI’s growth is of great significance. The judgment has settled the disputes relating to the ownership and use of the concerned trademarks by TI in India at the interim stage. This clears the path for TI to aggressively promote the brands pan India,” says Dr. Keshab Nandy, Chief Legal Officer, Tilaknagar Industries Ltd. It is pertinent to note that TI is also the registered proprietor of the trade marks `Mansion House’ and `Savoy Club’ in India.
Commenting on this significant development, Amit Dahanukar, Chairman & Managing Director, Tilaknagar Industries Ltd. says, “the total sales for MHB trademark brands in 2010-2011 were approximately
He also announced that Savoy club will be aggressively promoted and consequent to the recent development the company will witness a growth of around 20% by the end of the financial year. “However, the impact of the judgment will be long term and we will have the freedom to leverage the brand strength,” he adds.