Ready-to-eat market in India may grow 45% in 5 years
The ready-to-eat market in India is likely to grow about 45% over the next five years, making the country a great investment opportunity in the segment, Stanley Goh, CEO of Singaporean airport service provider SATS Food Solutions told ET.
As the SATS solution group, we have always seen India as a culturally diverse market. Indian consumers today are more receptive to higher culinary standards. With the rise in interest in categories like ready-to-eat and ready-to-heat, as well as the convenience segment, we believe there is a huge potential for growth and we can put the decade-long experience we have in the Indian market to good use