Compass Group India Eyes Doubling Business Every Three Years

Compass Group India, a part of Compass Group PLC, aims to double its business every three years. The company is expanding in food catering, focusing on manufacturing, education, and healthcare sectors. With a target to serve over two million meals daily in three years, it aims to achieve double-digit market share and broaden its reach through acquisitions.

Compass Group India, belonging to the British multinational contract food service giant Compass Group PLC, plans to double its business every three years as it views India as a key growth market.

Recently acquiring ICS Foods, Compass Group India is keen on further acquisitions to strengthen its presence, according to Managing Director Vikas Chawla. The company aims to expand its food catering services to clients in manufacturing, education, and healthcare sectors, targeting a market share above double digits within five years.

In the next three years, Compass Group India intends to serve over two million meals daily and expand to over 600 client locations, solidifying its leadership in the food and support services sector. The company is also focusing on strategic acquisitions, expecting 25-30 per cent of its growth next fiscal year to stem from these efforts.