People in west have loved Indian delicacies since a long time, and this pani puri business was no exception when it comes to ensnaring new fans. But what really will make you question the goals that you have set for your own life is this little piece of news. Read on! An Ahmedabad-based foods company has decided to invest Rs 100 crore to cater to increasing demand in the US for paani puri, a DNA report said. The company named Shareat, which also make papad, apart from paani puri, is planning to raise its capacity to enter markets in US, Middle-East and other countries.
Speaking to the paper, Ankit Hansaliya, the co-founder of Shareat, said that the company’s production capacity per day is 30 tonne per day and the company is planning to invest Rs 100 crore to increase the capacity every year till 2020. He further said that the capacity expansion will help the company to start distribution of their products not only across India but outside the country as well.
“We are already exporting our products to Bangladesh and Nepal and will expand presence to remaining countries in the region. We will also start supplying ethnic paani puri kits, and multi-grain paani puri and pasta to the Middle East, US and Australia in the near future,” he was quoted as saying by DNA.
While the company plans to expand in foreign shores, it is also well aware of the huge opportunities in India. “The share of processed food in India is just 2%, and we believe that this offers immense opportunities. We are targeting youths and people who relish street food by promising the same taste, with better quality, and easy to prepare options,” Hansaliya said in a release.
Currently, the company sells its products in Bihar, UP, Gujarat, Delhi, NCR, Punjab, Madhya Pradesh, Karnataka among other states, DNA added.