SPICE UP GUJARAT: VITAGREEN TO SET UP NEW PROCESSING FACILITY UNDER MADHUSUDAN MASALA

The spice industry in Gujarat is set for significant growth as Vitagreen, a subsidiary of Madhusudan Masala Ltd, announces the establishment of a new spice processing facility in the region. This move is poised to bolster Madhusudan Masala's manufacturing capacity, product portfolio, and market reach in the fast-growing Indian spices sector.

 

Key Highlights

Operational and Financial Impact

Madhusudan Masala’s robust growth trajectory, reflected by a 30% topline growth target for FY25, will be supported by this expansion. Increased capacity, diversified products, and wider distribution channels are expected to accelerate market penetration and revenue growth.

 

This development highlights Madhusudan Masala’s commitment to consolidating its leadership in the spice manufacturing industry with cutting-edge facilities and strong brand equity, catering to evolving consumer demands in India and abroad.

 

Source: Reuters