Annapurna Swadisht enters into an Exclusive Contract Manufacturing Agreement with Gopal Food Product

• Enters into an Exclusive Contract Manufacturing Agreement in Mathura, Uttar Pradesh
• To launch a range of biscuits, snacks and namkeens for a bite of state’s market share

July 04, 2023: Annapurna Swadisht Limited (NSE Emerge: ASL), among the leading fast moving consumer foods companies in eastern India, today has entered into an exclusive contract manufacturing agreement with Gopal Food Product having a facility located at UPSIDC, Kotwan Industrial Area, Mathura, Uttar Pradesh.

The new facility has a capacity of 1000 MT of biscuits, 60 MT of Namkeen and 150 MT of Snacks per month. The unit can cater to East and North Rajasthan, Whole Haryana, West and Central UP, Delhi NCR, North Madhya Pradesh, South & West Uttarakhand, etc. The company is now enrolling new dealers and distributors to further strengthen its presence in UP. Recently, the company acquired the Exclusive selling right of a renowned noodle brand “My NOODLES” from M/s. Millenium Exim Private Limited. The company at present has more than 72 SKUs across its product portfolio.

“At Annapurna, we believe our products bridge a critical gap between affordability and superior quality. This has enabled us expand our presence across the urban markets especially in eastern part of the country. We are now taking the affordability, quality and taste proposition to the similar markets led by our latest foray in UP. We are looking forward to offer choices to the consumers across the categories”.

Shreeram Bagla, MD, Annapurna Swadisht Limited

Disclaimer 
This press release includes forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such factors include but are not limited to, changes in local and global economic conditions, our ability to successfully implement our strategy, the market acceptance of and demand for our products, our growth and expansion, technological change and our exposure to market risks. By their nature, these expectations and projections are only estimates and could be materially different from actual results in the future.

About ASL

Annnapurna Swadisht Limited (NSE Emerge: ASL) is one of the largest FMCG players in Eastern India, and we are the fastest growing segment in Fryums, Cakes, Candies, Namkeen and Potato Chips. We have attained over 6 years of experience in this business and are proceeding further towards realising our objective of achieving ultimate customer satisfaction. For more information, log on to: www.annapurnasnacks.in

To learn more about the company, visit http://www.annapurnasnacks.in.

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