Best Foods, one of the leading basmati rice company, is aiming to double its turnover at Rs 5,000 crore in the next three years on rising demand of grains in domestic and overseas markets. The company is planning to invest about Rs 75 crore over the next three years to increase the number of its retail outlets to at least 500 from the current 35 stores. This Delhi-based Best Foods has 17 rice mills with installed capacity to process 45,000 tonnes of rice per month. It markets products under brand name ‘Best’ and posted a turnover of about Rs 2,600 crore last fiscal. Such move of the company with the launch of these new outlets will be an added business opportunity for the companies dealing in in-shop designs, displays, branding and related tasks
Best Foods aims to double turnover and increase outlets to 500
- Post author:SignNews
- Post published:October 31, 2014
- Post category:New Business Opportunity
- Post comments:0 Comments
