Anticipating market growth, the company is focusing on expansion plans as it invests in large manufacturing facilities and expands product portfolio. (Photo source: Freepik) Show Quick Read Summary is AI Generated. Newsroom Reviewed

HyFun Foods, which manufactures frozen potato products such as French fries, expects around Rs 1,500 crore revenue this fiscal, and also has plans to come up with initial public offerings by 2028.

The company expects a 'good uptake' in consumption of frozen food in the domestic market, helped by the reduction of GST on processed foods, contributing almost half of the revenue in the coming years, compared to 30% at present, according to its managing director and Group chief executive officer Haresh Karamchandani and Executive Director Kamlesh Karamchanda

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