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Thailand-based agro-industrial conglomerate Charoen Pokphand Foods Public Company Limited (CP Foods) has forayed into the packaged foods business in India, with a new chicken processing plant in Chittoor, Andhra Pradesh, as it sees an uptick in this segment.
"We aim to play a significant role in it with the launch of India’s best chicken processing plant in Chittoor and coupled with the fact that the packaged foods industry is estimated to grow up to $50 billion by the end of next year, we see a lot of opportunity in this segment," said CP Foods India Senior Vice President Sanjeev Pant.
The company makes CP Frozen Chicken, CP Chilled Chicken, CP Easy Snacks—veg and non—veg, and CP Eggs, crafted by its in-house chefs. Further, the company claims that it undertakes integrated food processing operations in the country, ranging from feed production and farming to food processing and distribution under “farm to fork” concept. “With this kind of differentiation, we want to be one of the top food players, especially in the non—veg category in the next five years," said Nutthakrit Sivasri, Regional Chairman, South Asia, Agro industry and fod business group for CP Group.
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