Innovative Foods (IFL) is setting up a new manufacturing plant at Chittoor district in the state of Andhra Pradesh. The facility will come up in next five to six months and the company is looking to start commercial production over the next two quarters.
This step has been taken as the company is eyeing to double its turnover to about Rs 200 crore over the next two years in frozen food segment.
Innovative Foods (IFL) is a joint venture operation for production of a range of Frozen Foods in three distinct categories of Ready-to-Cook, Ready-to-Fry and Heat-and-Serve. The company has separate processing facilities for Vegetarian and Non-Vegetarian products.
