ADF Foods, Mumbai-based food processing company, is aiming Rs 500 crore revenue or 40% of the sales to come from the domestic market and the rest 60% from the international market in the next five years. At present, exports contribute to around 95% of the company’s revenues. Moreover, the company has earmarked a capex of around Rs 45 crore over the next three years for expanding its presence in India.
The company is also planning to introduce more products under the brand in the next few years to cater to the Indian cuisine. Apart from this, it is also planning to introduce international cuisine in ready-to-eat formats under the Soul brand. At present, the company has a presence in major countries of North America, Europe, Australia, the Middle East, Africa and Asia and has a strong network of over 175 distributors.
Recently, the company had re-entered the domestic market with a range of ready-to-eat, ready-to-cook foods and pickles under the brand name Soul.
ADF Foods is engaged in manufacturing a wide range of canned, bottled and processed vegetables, fruits and foods for the export and domestic markets. It is a leading manufacturer and exporter of ‘ready-to-eat’ food, pickles, papads, spices and various other products.
