Natures Basket: The retail chain is entering the ultra-premium or luxury segment with a bigger format experiential concept store- Nature’s Basket Artisan Pantry. Spencer’s Retail chairman Shashwat Goenka said that the first store in this format will be open today in Palladium Mall in Lower Parel in Mumbai. It would be a 12,000 square feet store compared to the average 2,500 square feet stores of the retail chain.
Aquapharm is a specialty chemical manufacturer and offers a range of products from phosphonates to pharmaceutical intermediaries. It deals in several industries such as textile, leather, water treatment, pharmaceuticals, and paper. A significant portion of its business comes from exports to Europe and North America, and it has subsidiaries in Saudi Arabia, Hong Kong, Europe, and the US.