Hindustan Foods Ltd announces commencement of its new Ice‐Cream facility

Hindustan Foods Limited ("HFL" or the "Company"), is pleased to announce the commencement of operations of Phase 1 of the new ice cream manufacturing facility in Nashik. The plant marks a significant milestone in cementing the company's position as a contract manufacturer of choice in the Ice Cream industry as it works on ramping up production and stabilizing operations across multiple product categories.

Commenting on the commencement of new facility for the Ice Cream division, Manoj Patani, President, Ice Cream Division said, "We are thrilled with the momentum in our Ice Cream business as we gear up for the upcoming season. The Indian ice cream market, currently estimated at ₹30,000 crore and growing at a rate exceeding 15% annually, is undergoing a transformative phase. The confluence of rising urbanization, growing disposable incomes, evolving consumer preferences and the rapid adoption of quick commerce is fueling sustained double‐digit growth across the sector.

HFL is working with a diverse portfolio of brands-both legacy players and emerging new‐age companies-to deliver high‐quality ice cream products. As part of our strategic roadmap, we are also investing in backward integration and working on expanding our product range to enhance our value proposition and deepening our engagement with customers."

Source : Equity Bulls

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HindustanFoods Operations Commencement Phase1 IceCream ManufacturingFacility Nashik