The ready-to-eat market in India is expected to grow by approximately 45% over the next five years, according to Stanley Goh, CEO of Singaporean airport service provider SATS Food Solutions. This growth positions India as a significant investment opportunity in the segment.
“As part of the SATS solution group, we’ve consistently recognized India’s rich cultural diversity. Presently, Indian consumers display an increased openness to high culinary standards. With growing interest in segments such as ready-to-eat and ready-to-heat, alongside convenience offerings, we perceive significant growth potential. Leveraging our extensive decade-long experience in the Indian market, we aim to capitalize on these opportunities effectively,” he remarked.
The Indian subsidiary of the food and gateway services provider, SATS Food Solutions India, plans to hire approximately 300 employees for its latest facility at Bengaluru’s Kempegowda International Airport, as shared by CEO Sagar Dighe.
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“When considering food, it’s crucial to focus on the ecosystem and the availability of raw materials. In Bengaluru, thanks to our established network with Tata SATS and our joint venture with Bengaluru Airport, we have a complete logistics chain in place,” commented Dighe.
The new facility, he mentioned, heavily utilizes automation and the Internet of Things (IoT) for efficient operations. He further noted that the facility has effectively streamlined the cooking process to ensure consistent taste across all its locations.
“Our chefs will be focused on specific tasks, such as crafting new recipes,” he said.
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