Wednesday, November 13, 2024
spot_img

iD Fresh Food Expands to Ahmedabad

Must Read

iD Fresh Food, India’s largest and most reputed brand in fresh, natural food products, is on an ambitious growth trajectory. The Bangalore-based company announced its expansion to Ahmedabad, as a part of its pan-India growth plan. In a strategic move to cater to growing consumer demand, the company is introducing its acclaimed range of products such as idli-dosa batter, Malabar Parota, Wheat Lachha Paratha, Paneer, Curd and Coffee to the city. The brand intends to soon launch rest of its offerings such as Spices and Chutney as well into the market. 

“We’re thrilled to bring iD Fresh’s authentic, natural and preservative-free products to the vibrant city of Ahmedabad,” said Rajat Diwaker, CEO (India), iD Fresh Food. “Ahmedabad is an important market for us, given its rich food culture and consumers who appreciate natural and traditional flavours. Our expansion here is a key step in our pan-India growth strategy, and we are confident that our products will resonate well with the city’s families who value authenticity and quality.”” 

The aggressive plan for a pan-India expansion comes against the backdrop of iD’s phenomenal success in 2024. The company clocked a revenue of Rs. 554 crores in FY 24 and aims to clock INR 700 crores in FY 2025. Infact, the company had a 16% increase in its operating revenue, rising to INR 395.76 cr in FY24 from Rs. 340.9 cr in the previous year. 

This expansion aligns with iD Fresh Foods overarching growth strategy to enhance the accessibility and availability of its products nationwide. While the current focus is on making core products widely accessible, specific plans for each city will be shaped by market performance and consumer feedback in the next phase.

Latest News

Simpli Namdhari’s Launches ‘Vocal for Local’ Initiative to Champion Grassroots FMCG Brands in Karnataka

India’s only 100% veg Omni-channel retailer with over four decades of heritage in Karnataka’s farming and retail sectors, is...
spot_img