Bread and biscuits maker Bonn is eyeing 30 per cent sales growth in 2-3 years on the back of expansion to new markets such as south and west India.
Bonn Group, which enjoys substantial market share in bread category across north India, is also looking actively at new geographies for exports.
It exports to 50 countries spread across three continents.
The company has 11 manufacturing units in north India catering to breads, biscuits and cakes and is now identifying manufacturing opportunities in the new markets that it is entering.
"We are expecting sales growth of 30 per cent in the next 2-3 years, which we are targeting to achieve by penetrating in our existing markets and from expansion in new markets as well," Bonn Director - Marketing Amrinder Singh told PTI.
On exports, he said: "Exports account for about 15 per cent of our existing revenue and we are very bullish about exports and looking actively at newer geographies for most of our products."
The Ludhiana-based company has recently forayed into fast food business with 'La Americana Burger' QSR chain and opened two outlets in New Delhi.
"As we are entering the south and west India, we are also keeping our eyes and ears open for any manufacturing opportunities in these markets to serve our customers better," Singh said.
Some of the group companies of Bonn include Bonn Nutrients, Bonn Food Industries, Choice Agro, SS Food Industries and Prime Packaging.
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