The step that follows the success of a local business is its expansion beyond borders, be it national or international. Let’s take a look at all the players that have established themselves well in the Indian subcontinent and are looking to or have already ventured Foreign Markets. Britannia has been eyeing the International Biscuit Manufacturing Market for a while now and is planning on shelling out a massive total capital expenditure of Rs 1000 crore in order to see this plan to fruition. After keeping a close eye on the consumption patterns, it is keen on expanding to the neighboring countries such as Africa and the Middle East as part of its Global Expansion Plan after assessing markets in Asia Pacific countries such as Bangladesh, Egypt, Kenya, Myanmar and Nigeria. Operations at these locations are forecasted to begin by 2020. Britannia will be competing with Parle products as it is already established there as reports suggested by Edelweiss Securities. The financial year 2018 saw Britannia extend to Dubai, Oman and Nepal with a total of 3 manufacturing facilities in each of these countries, greenfield being the one in Nepal. The company currently has a 17% market share in Nepal with export demands to the neighboring countries for healthy snacks such as Good Day biscuits. Early 2018 saw Britannia Industries commission an exports unit in Mundra, Gujarat. Britannia MD Varun Berry, in an earnings conference call, stated that the greenfield unit at Ranjangaon, Maharashtra will be up and ready to function by November. A 150-acre facility, it is as stated by Berry, “an integrated space for biscuits category and premium segments such as biscuits, cakes, rusks, croissants, dairy and other products.” Edelweiss Securities report suggests that the fast-moving consumer goods company has seen an astonishing growth with a 250 basis points swing and is on its way to becoming a Total Foods Company. BakeMate is one of the local players in Biscuit Manufacturing Industry located in Hyderabad, also looking to expand its business internationally in countries like Germany, US, Canada, Brazil, Philippines, etc. They currently manufacture biscuits, shortbreads, candies, savories, wafers, etc. within the subcontinent of India and are making efforts to extend their franchises globally. With Manufacturing Facilities spread across Hyderabad, use of automated machinery and equipment, stringent adherence to quality, BakeMate is now competing with top players that stand for nutrition, superior taste and quality. To date, a total of 314000 MTPA is set up in 10 different facilities in Hyderabad. In order to keep up with the European and American standards, BakeMate imports required World Class automated equipment and also has impressive in-house equipment. BakeMate also has in place sophisticated packaging to ensure the taste and freshness of the product, extending its shelf life. Premium software is employed to support business application, financial management, supply chain management, production planning in order to deliver seamlessly. In order to be as environmentally friendly as possible, periodic checks of heavy metals, Aflatoxins, residual pesticides are conducted to ensure the production of consumable goods free of toxic contamination. With all the required QC checks in place, a well-established manufacturing facility equipped with top-notch equipment, BakeMate is looking for distributors overseas to go through with its plan of expansion. Interested distributors can visit Bakemate. https://bakemate.in/top-biscuit-manufacturers-from-india-that-are-planning-to-extend-their-franchise-globally/
...read more