MAM
Ten Sports targets Rs 40 mn from US Open
MUMBAI: Ten Sports is targeting advertising revenue of Rs 40 million from telecast of the US Open tennis Grand Slam.
The channel has roped in Reliance and Cadbury as co-presenting sponsors. The associate sponsors are Samsonite, Panasonic and Tata Motors.
“We are targeting Rs 35-40 million from advertising. 70 per cent of revenue comes from sponsors while spot buys take the rest. Rates start at around Rs 10,000 and go up to Rs 100,000 as the event progresses,” Zeel executive director revenue and niche channels Joy Chakraborthy told Indiantelevision.com.
The sport attracts a loyal fan base mainly among males in the 15-44 age group, SEC A,B Metros. “It is similar to the NBA. It may not be mass like cricket but people who watch it are passionate. Of course, a lot also depends on who is playing. If an Indian features in a doubles final, we know that it will rate well and find favour among advertisers,” said Chakraborthy.
After cricket, sports like soccer and tennis are getting developed. “We hold around 30 per cent of our inventory back. This is important as tennis Grand Slam takes a few days to build,” averred Chakraborthy.
Brands
Raj Cooling Systems launches Agreyas appliances brand
Emraan Hashmi named brand ambassador for consumer appliance push.
MUMBAI: A company known for cooling solutions is now heating up its ambitions in the home appliances market. Raj Cooling Systems Pvt. Ltd. has launched a new consumer appliances brand, Agreyas, marking its entry into India’s rapidly expanding home appliances sector valued at more than Rs 1.5 lakh crore. The move represents a strategic diversification for the company, which has traditionally focused on cooling solutions for residential, commercial and industrial applications. Through Agreyas, the firm plans to tap into growing consumer demand for energy efficient and technology driven household appliances.
To build brand visibility, Agreyas has appointed Emraan Hashmi as its brand ambassador. The campaign has been developed under the banner of Zoommantra Productions, with actor and filmmaker Rohit Roy contributing to the creative direction.
The brand’s initial portfolio will include mid premium air conditioners, washing machines, geysers and other white goods designed to cater to modern Indian households seeking efficient and reliable appliances.
Raj Cooling Systems, founder and chairman Kalpesh Ramoliya said the launch aligns with the company’s broader expansion plans.
“The launch of Agreyas is in line with our vision to build a strong presence in India’s consumer electronics and home appliances market. The brand has been developed as a standalone identity to meet the evolving needs of Indian consumers,” he said.
Hashmi said the collaboration comes at a time when Indian buyers are increasingly looking for innovative and functional home solutions.
“I’m looking forward to working with Agreyas at a time when consumers are seeking more innovative and efficient home products. The brand reflects changing consumer behaviour around functionality, innovation and ease of use,” he said.
Raj Cooling Systems plans to invest around 10 million dollars in developing the brand, with an additional 5 million dollars earmarked over the next three to five years for product development and distribution expansion.
Agreyas will follow a multi channel distribution approach, selling through online platforms, retail outlets and dealer networks aimed at both urban and semi urban markets across India.
With the launch, the company is positioning Agreyas as a standalone consumer facing brand while continuing to leverage its existing manufacturing, engineering and research capabilities built through its core cooling solutions business.
