Bikanervala to go for IPO in next three years
Indian sweet, snack, and restaurant chain group Bikanervala, with revenues of over Rs 3,000 crore, is working towards an initial public offering (IPO) for its food company in the next three years. Before that, it could also bring in private equity (PE) investors. The low-profile Aggarwal family-owned group company, Bikanervala Foods (which also sells under […]
Major dairy players eyeing Rs 65000 Crores packaged sweets market
Though the market for packaged sweets remains largely unorganised in India, the larger consumer trend towards packaged foods in the wake of the Covid-19 pandemic has given it a boost.The market for traditional Indian sweets is sized at `60,000-65,000 crore Dairy brands such as Amul and Mother Dairy have been expanding their presence in the mithai segment […]