Loading Ticker...
You Are Here: Home » Consumer Goods

Investment of Rs. 150 cr by MTR Foods for the next two years

MTR Foods is planning to generate an Rs 1,000 crore revenue by 2015 according to a statement of one official in the company. With this, they have already linked up an investment plan of about Rs 150 crore that is good for two years. In a statement given by MTR Foods Chief Executive Officer Sanjay Sharma, the company will definitely be making investment and will continue to do so in the years to com.

MTR Foods Logo

MTR Foods Logo

They will be generating funds through internal accruals. For the year 2011-2012, the company was able to record an Rs 350 crore revenue and they are aiming to improve this to Rs 450-crore in this current fiscal year.

This improvement in their revenue would definitely be possible especially when the company would continue on its investment. The company is quite hopeful in doubling the digit of their share in the masal market in Tamil Nadu with their new ‘MTR Sambar Masala Podi’, ‘Rasam Podi’ and ‘Kulambu Podi’.


Share this post

Subscribe to our updates via e-mail or get our  RSS Feed
Enter your email address:

Other Related Stories: