Indian Economy News

The ready-to-eat market in India may grow 45% in 5 years.

  • IBEF
  • March 26, 2024

The ready-to-eat market in India is expected to surge by approximately 45% over the next five years, presenting lucrative investment prospects, as highlighted by the CEO of SATS Food Solutions, Mr. Stanley Goh. He emphasized India's cultural diversity and consumers' evolving preferences towards higher culinary standards, particularly in ready-to-eat and ready-to-heat categories. Using extensive experience in the Indian market, SATS Food Solutions India plans to expand its Bengaluru facility at Kempegowda International Airport, employing around 300 personnel, indicative of their commitment to tapping into this growth trajectory.

SATS Food Solutions India, the subsidiary of the Singaporean airport service provider, underscores the importance of a robust ecosystem and efficient logistics facilitated by existing partnerships with Tata SATS and Bengaluru Airport. The newly established Bengaluru facility integrates automation and IoT technologies to optimize operations, ensuring consistency in taste across its offerings. While chefs focus on specialized tasks like recipe innovation, the core cooking activities are streamlined for efficiency.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.