Allana Group, one of India’s largest processed food and agri-products exporters, is looking to sharply scale up its India business over the next three years.
The group is targeting turnover of Rs 40,000 crore from around Rs 24,000 crore currently, focusing on profitable growth.
As part of its growth strategy, Allana plans to exit select low-margin businesses and pursue strategic acquisitions. The portfolio rejig will involve evaluating businesses that do not meet its margin and strategic objectives.
The group plans to deploy capital towards higher-growth segments, with protein, poultry, consumer foods and international operations emerging as key priorities.
