KAMPALA– Uganda’s leading horticultural company Rosebud Ltd, which is part of the Ruparelia Group of Companies owned by businessman Sudhir Ruparelia has penetrated the Chinese market.
Rosebud’s Manager Ravi Kumar has on August 2, assured this website that the entity has reached an agreement with the concerned authorities to supply China with flowers.
“Yes it is true, we are trying to cover up the demand in China,” he said.
Mr Kumar also revealed to PML Daily that over 40,000 flowers have been sold by the flower – grower to the new market within the last seven days.
When asked whether Brexit was the major factor for the company’s annexation of the new market like allegations had earlier indicated, the flower Boss downplayed the rumours saying that they were not true.
“People like our flowers and the quality they have but we’re not moving because of Brexit,” he asserted.
However, he acknowledged that there has been a fall in demand for flowers in Europe as a result of the Brexit but he maintained that they were not threatened by the changes.
Rosebud will be exporting flowers to three Asian countries including China, Indonesia and South Korea in addition to its already established market in Europe.
According to Kumar the new market is not going to interrupt their supply to Europe since the company has enough flowers to satisfy all the demand.
“We shall supply both in Europe as well as China. We are doing well, we have the quality and we’re leading in exporting flowers,” he bragged.
Although the company has very high expectations from their new territory, Kumar was not sure of the approximate revenue awaiting their harvest however he said statistics would be available in a month’s time.
The company participated in two flower exhibitions in June and July 2019 in China and it has already started receiving flower orders from Beijing and Guangzhou.
Rosebud Ltd is the leading the exporter of Rose flowers in Uganda commanding around 40 percent of Uganda’s flower export market.
Flowers are very precious and highly valued in European and Asian countries; they are used to symbolise love and affection, communicating and creating a beautiful scenery.
The Ruparelia group of companies consists of over twenty verified companies dealing in education, financial services, hospitality and horticulture.