Suguna Foods to launch 2,000 stores

Poultry Company Suguna Foods plans to open 2,000 outlets in the coming five years on pan India level. Most of these outlets will be franchised and small format.

Addressing the same, Mohan V K, General Manager, Sales and Marketing- Consumer Products, Suguna Foods, said, “Our focus will be the Tier-II, III and IV cities, where major international chains are not present.”

Suguna Foods will invest Rs 150 crore every year in new verticals in the foods business, such as the ready-to-eat, ready-to-cook, retail and QSR segments.