Date:

Share:

Namdhari’s to invest ₹50 crore in Hyderabad

Related Articles

The Namdhari’s Group from Bangalore, which started out as a seed producer and has emerged as a leader in sustainable agriculture, retail and food, plans to invest £ 50m to expand its footprint in Hyderabad.

“We plan to expand our footprint and concentrate on this city with an investment of about $ 50 million over the next 24 months. We will build breeding facilities, independent food stores of Simpli and plan milk subscriptions for the direct supply of fresh A2 of single origin and organic milk and dairy products. “, Said CEO Gormock Rupera.

Through its seed division Namdhari Seeds, the group has a presence in Telangana. It is also one of the largest B2B fast food service providers (QSRs) in Hyderabad. “We are no strangers to the Hyderabad market … our goal is to bring high quality produce to the general public [retail stores and restaurants] Facilities, “Mr Rupera said during a virtual media interaction.

Five Simpli experience shops will be set up in the city, which according to the group is the only vegetarian retailer in India with a fork-concept concept. The group plans to set up its QSR in several stores as well as in independent facilities. It also intends to create storage facilities in the country.

Namdhari’s investment and expansion plans in Hyderabad are part of the group’s goal to become a pan indo player, something for which it intends to raise a $ 20-50 million investment within 12-18 months, Mr Rupera said.

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles