In a bid to turn its retail operations profitable in the next two years, Heritage Foods is looking for new set of investors and strategic partners.
The company, which has appointed management consultancy firm KPMG to restructure its operations, is now planning to invest up to Rs 20 crore every year to expand its stores across cities such as Bengaluru, Chennai and Hyderabad.
Heritage Foods is one of the fastest growing Private Sector Enterprises in India, with five-business divisions - Daily, Retail, Agri, Bakery and Renewable Energy under its flagship Company Heritage Foods.