Anmol Industries Targets Rs 5,000 Crore Turnover in Five Years
Packaged food firm Anmol Industries Limited announced its goal to achieve a turnover of Rs 5,000 crore in the next five years. The company will focus on innovation, new technologies, and enhancing manufacturing capabilities. Recent investments include a new plant in Bihar, raising production by 8,000 metric tonnes per month.
- Country:
- India
Packaged food firm Anmol Industries Limited has set its sights on achieving a turnover of Rs 5,000 crore within the next five years. Currently standing at a turnover of Rs 1,600 crore, the company aims to increase this to Rs 2,000 crore by the next financial year.
Aman Choudhary, Executive Director Marketing at Anmol Industries Limited, emphasized that innovation, leveraging new technologies, and consistently launching products suiting consumers' evolving preferences are central to reaching this ambitious target. The company's efforts are further bolstered by a newly commissioned manufacturing facility in Thakurganj, Bihar, which cost Rs 200 crore and will add 8,000 metric tonnes to its monthly production capacity.
Anmol Industries, known for biscuits, cookies, rusks, chocolate wafers, and cakes, already holds a strong market presence in UP, Bihar, Jharkhand, Bengal, and Odisha. Besides strengthening its domestic market share, the company also boasts over 30 varieties of biscuits distributed in more than 30 countries. Future strategies focus on product diversification and expansion in modern trade and e-commerce channels to meet shifting consumer tastes.
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