Bikanervala, which sells packaged foods under the Bikano brand name, on Tuesday inaugurated a manufacturing plant in Greater Noida as part of its target to Rs 1,800 crore in turnover by FY24.
Manish Aggarwal, director of Bikanervala Foods, said the company has invested Rs 400 crore on the plant as it works on improving supply chain efficiency and reducing transportation costs.
The company has manufacturing units in Delhi, Uttar Pradesh and Haryana and entered the Southern market last year by setting up a project in Hyderabad.
The company said the northern market contributes around 60-65 per cent of its revenue.