Annapoorna Foods Eyes Rs 200 Crore Topline In 3 Years: Official

“Our brand new identity reflects our rich lineage to cater to future demands. A big part of our plan of action will be to invest in research and development and products, combined with our people and a strong distributor and retail network,” Prasad said. “Our topline sales today are worth Rs 40 crore and we look to increase this to Rs 200 crore in next three years. We are also committed to source ingredients locally from regional farmers,” he said.

At the company’s Coimbatore manufacturing facility, the unit was well equipped to support the ambitious growth plans. Besides expanding the product portfolio, Prasad said the company also planned to strengthen the retail network to 500 distributors in next one year.

Annapoorna will penetrate its stronghold across Tamil Nadu market to cover over 50,000 outlets across cities, towns and villages. This will be followed by geographical expansion to other neighbouring states, he said..

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