Allana aims ₹40,000 cr India turnover in three years, plans portfolio exits and acquisitions
Allana Group, a major Indian agri-products exporter, plans to increase its turnover to ₹40,000 crore within three years. The strategy involves exiting low-margin businesses while investing heavily in protein, poultry, and consumer food brands.
Why it matters
This shift reflects a broader trend among Indian conglomerates to optimize portfolios for higher-margin growth in the competitive processed food sector.
Allana Group, one of India’s largest processed food and agri-products exporters, is looking to sharply scale up its India business over the next three years, targeting turnover of ₹40,000 crore from around ₹24,000 crore currently, even as it plans to exit select low-margin businesses and pursue strategic acquisitions.
The group’s portfolio rejig will be a key part of the growth strategy, with the company evaluating businesses that do not meet its margin and strategic objectives.
“Our immediate priorities will be to rebalance our product portfolio by exiting low-margin businesses and certain strategic acquisitions,” Manish Bandlish, Group Managing Director, Allana Group, said. The company has not disclosed which businesses could be exited.
The group plans to deploy capital towards higher-growth segments, with protein, poultry, consumer foods and international operations emerging as key priorities.
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