Monday, September 19 2005 16:30 Hrs (IST) - World Time -

Bangalore: United Breweries Limited planned to invest about Rs 100 crore in establishing new Greenfield brewery plants in Orissa, Rajasthan and Uttar Pradesh, as well as expanding the ones existing in some states, its Chairman Vijay Mallya said today (Sept 19, 2005).

Speaking to reporters after the Annual General Meeting of the UBL here, Mallya said the three markets are growing strongly for the company.

In the first five months (April-August 2005) of the current financial year, UBL has recorded a 19 per cent growth compared to the same period in the previous year.

"We have more than commensurate growth in profitability (in April-August 2005), he informed the share-holders.

UBL is seeking to enhance sales of its Kingfisher product in overseas markets leveraging the 'distribution muscle' of its strategic partner Scottish & Newcastle, he said.