Keventers Agro is planning to boost its dairy business by expanding reach and entering new categories.
Keventers Agro Ltd. (KAL), the Kolkata-based food and beverage company, is planning to boost its dairy business by expanding its reach and entering new categories.
Mayank Jalan, Chairman and Managing Director, Keventers Agro, said, "From a 40% share in our revenues, we are eyeing a 50% contribution from our dairy business in two years."
Keventers Agro is one of the major franchisees of Parle Agro for its brands such as Frooti and Appy Fizz. Its product basket includes condiments, mango pulp and cashews.
Presently, the company has 11 units across India (own and leased) including some in Tamil Nadu and Andhra Pradesh.
"Currently dairy business has a turnover of Rs 400 crore out of KAL’s total turnover of Rs 1,000 crore, we plan to double that by 2021 when the overall turnover is projected at Rs 1,600 crore," Jalan stated.