Hotline: 1800 102 2007
Hotline: 1800 102 2007
Apr, 03 2015

CP Foods to invest $500 mn for India expansion

Charoen Pokphand Foods India Pvt. Ltd (CPF) which operates Five Star Chicken, an international quick serve retail chain, is looking forward to invest $500 million for expanding its operations in India.

CP Foods to invest $500 mn for India expansion

Charoen Pokphand Foods India Pvt. Ltd (CPF) which operates Five Star Chicken, an international quick serve retail chain, is looking forward to invest $500 million for expanding its operations in India. CP Foods has 260 Five Star Chicken stores in Bengaluru, Chennai, Coimbatore, Mysuru, Kochi, Salem, Kozhikode, Goa and Hyderabad. Out of these outlets, 95 per cent are franchisee-run and the rest are company owned. Internationally, Five Star Chicken is present in nine countries having more than 7,000 outlets in Thailand, Myanmar, Cambodia, Vietnam, Laos, Malaysia, China, Bangladesh and India.

Elaborating more on the investment plan, Sanjeev Pant, Senior Vice President, CP Foods says, “The investment is primarily directed towards expansion of all the three units; namely shrimp, poultry and food. The company's revenue was $600 million last year and is growing at 10-15 per cent annually. We are a strong team 800 employees and we are expected to grow 10-20 per cent by the end of FY.” CP Foods operates its own farms, storage and distribution due to which it is able to establish control from 'Farm to Fork' to ensure consistent quality and food safety.

Five Star Chicken was founded in the year 1985 in Thailand. The brand hails from a Thai multi-national conglomerate - CPF India Pvt. Ltd with over $13 billion sales in agro and food industry. Adapting to the local taste and flavor and developing products which appeal to the masses has been one of the key strengths of Five Star Chicken.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Preschools
    About Us: Innocent Times are running a preschool from Pg to..
    Locations looking for expansion Maharashtra
    Establishment year 2008
    Franchising Launch Date 2020
    Investment size Rs. 30lac - 50lac
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Haveli Maharashtra
  • Other Vocational Training
    About Us: International School of Design has established itself in arts, design..
    Locations looking for expansion DELHI
    Establishment year 2009
    Franchising Launch Date 2012
    Investment size Rs. 10lac - 20lac
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater NEW DELHI DELHI
  • Preschools
    About Us: UC Kindies is a Malaysian based corporation with an..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • The Champion Industries is a leading manufacturer of wire mesh..
    Locations looking for expansion TELANGANA
    Establishment year 1969
    Franchising Launch Date 2010
    Investment size
    Space required 300 sqft
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Hyderabad TELANGANA
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities