Now Reading: Allana Consumer Products plans Rs 500-600 crore investment
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Allana Consumer Products plans Rs 500-600 crore investment
Allana Consumer Products (ACPL) will invest Rs 500-600 crore over the next two to three years as newly appointed managing director Manish Bandlish drives expansion into pet food, bakery, coffee, and fruits…
The Story in Brief
Allana Consumer Products (ACPL) will invest Rs 500-600 crore over the next two to three years as newly appointed managing director Manish Bandlish drives expansion into pet food, bakery, coffee, and fruits and vegetables. The company, which reports around Rs 2,300 crore in revenue, targets Rs 4,000 crore through organic growth and acquisitions.
The plan includes a Rs 300-400 crore greenfield project for value-added coffee and Rs 50-100 crore for bakery. ACPL also seeks to revive its Home Fresh frozen food brand in India by mid-September. The pet food business, currently Rs 180 crore, is expected to reach Rs 250-300 crore in two to three years.
The Indian Opinion
Bandlish's plan to push more consumer-facing brands is the usual corporate ambition story. What matters is execution: Allana's domestic revenue share, now about one-third, must rise to 40 per cent before new capacity lifts exports again. Watch whether Home Fresh gains shelf space against established frozen-food players in the next six months. That will separate a real turnaround from a press release.
Source: retail.economictimes.indiatimes.com
This story was synthesised by AI from the source linked above.
