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Bikano targets Rs 2,500 cr business in next three years

Wednesday, 24 Mar 2021
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Bikano, a packaged snacks brand, is targeting to grow over two-fold to around Rs 2,500 crore in the next three years on the back of market expansion and strengthening of product portfolio. 
 
The company, which largely gets its business from the northern markets, is now investing to expand in the southern and western markets. 
 
Besides, the company is also expanding its portfolio by adding new product lines for domestic markets. It has introduced frozen food and ready-to-eat food (RTE), targeting the export markets. 
 
The company expects to have a business of Rs 1,000 to Rs1,200 crore from its packaged snacks business in FY21. 
 
The company is also planning to expand its RTE and frozen food portfolio. It is investing around Rs 100 crore to set up a new production plant in Hyderabad, Telangana, which will help it expand its market share.
 
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