The Journey of Kanchan Metals - Food Processing Manufacturing- Supporting Food Startups
23 Minuten
Podcast
Podcaster
Beschreibung
vor 4 Jahren
In Conversation with Raghav Gupta - third-generation
entrepreneur, who is carrying forwarding the legacy of Kanchan
Metals.
Kanchan Metal has witnessed the transformation of the Food
Industry in India. Since the 1980s, the firm has been catering to
the changing food dynamics through its manufacturing expertise,
be a part of many fast-food success stories - Domino's,
Haldirams, and many others.
Kanchan Metals by 2021 is among the trusted and
go-to-manufacturer for any Indian emerging food startup.
https://snackfoodmachines.com/
Here are the key insights and milestones of Kanchan Metals:
Established in 1984, Kanchan Metals have 3 plants in Greater
Noida.
They started out as a single person operation selling
imported food processing equipment.
Over the years they have added several new business functions
and activities including their own manufacturing facility for
food processing machines and products.
Their existing production facility is well equipped to cater
to current demand, They hope in the next 2 years we will have to
expand our production capacity.
The turnover for the last financial year was INR 64 Crore.
Owing to the COVID 19 situation they could not have a very
productive 1st quarter but are hopeful to achieve the same
revenue as last year in a reduced business period of 9 months, if
they are able to then they would see it as good growth.
Their goal is to become the number 1 choice for processing
machinery for snack food in India.
They have multiple divisions in the company and machinery
division has 60 persons and have employee's over 300
in the food manufacturing business.
Kanchan Metals represent manufacturers as their distributors
and sell their products as well as manufacture certain equipment
in the house. We try to bring the best of both worlds together
for a cost-effective integrated solution.
Moving ahead, the company’s aims to hire talented resources
in the upcoming year and achieve a year on year growth rate of
20%
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