Major Investment to Enhance Manufacturing Capabilities
Bikano, a leading producer of snacks and packaged foods, proudly announced the opening of a new manufacturing plant in Jewar, Greater Noida. The company has invested over Rs 300 crore in the establishment of this state-of-the-art facility. This strategic move is set to significantly expand Bikano’s production capacity and streamline its supply chain, addressing the surging consumer demand in the northern and eastern markets of India.
Strategic Benefits and Economic Impact
The new plant is not only expected to augment production efficiency but also aims to reduce transportation costs and enhance service delivery, particularly to tier 2 and tier 3 cities. By optimizing operations, Bikano projects a turnover exceeding Rs 300 crore for the fiscal year 2024-25. “This facility will play a crucial role in our expansion plans, enabling us to meet the increasing demand for our products and serve our customers more efficiently,” remarked Manish Aggarwal, Director of Bikano, Bikanervala Foods.
Inauguration by Prime Minister Narendra Modi
In a significant highlight, the inauguration of the facility was conducted virtually by Prime Minister Narendra Modi during the prestigious World Food India 2024 event at Pragati Maidan, New Delhi. The launch marks a pivotal moment in Bikano’s growth trajectory and underscores its commitment to enhancing its presence in the Indian food industry.
