Elior in talks with food tech brands for extending its operations

Elior, the contract food catering and support services provider, is in talks with multiple food tech brands for extending operations from the business-to-business space to include a consumer-facing business. For the same, Elior will soon be introducing a business-to-consumer food services arm.

Sanjay Kumar, Managing Director of Elior India, said, “The company has outpaced industry growth in food services, and that it plans to touch sales of $100 million in India by 2020. Compass and Sodexo are the other two significant contract catering operators in the country.”

The contract catering market in India comprises of more than two million organised caterers, and is valued at $3.3 billion, clocking a growth of 16%.

The Elior group had entered India three years back. It owns a majority 70% stake in Chennai-based CRCL and acquired Bengaluru-based Megabite Food Services.  

Elior has eight central kitchens in the country. It is serving over one lakh meals daily to the employees of various corporate clients.