Lipton Ice Tea is introducing its product to the Indian market. Some key points:
- Lipton was founded in the 19th century in Scotland and is now a dominant global tea brand. It produces iced tea and targets the mass market.
- Lipton Ice Tea provides antioxidants and nutrients. It has less sugar than soft drinks but still offers taste. The drink is a mix of tea, sugar, and peach flavors.
- The company's goal is to provide high quality and tasty refreshment while being healthy. It aims to gain market share and sales growth.
- Key competitors are Nestea and Coca-Cola's iced tea brands. Lipton will aim to offer lower