CONNECT WITH US
eCommerce

eCommerce

SLN Coffee plans approx Rs 2,500 crore investment over 10 years, eyes Rs 1,900 crore revenue next fiscal

ET Retail – Ecommerce logo

Published on

Add as a preferred source on Google
SLN Coffee plans approx Rs 2,500 crore investment over 10 years, eyes Rs 1,900 crore revenue next fiscal

SLN Coffee plans approx Rs 2,500 crore investment over 10 years, eyes Rs 1,900 crore revenue next fiscal

SLN Coffee is set to invest approximately Rs 2,500 crore over the next ten years for capacity expansion. The company aims to significantly increase its production capabilities, focusing on added-value products and technology. Levista, the consumer coffee brand, plans to grow its revenue to Rs 500 crore in three years. Quick commerce is expected to boost its business, increasing its market reach substantially.

SLN Coffee , the parent of consumer coffee brand Levista , is planning investments of approx Rs 2,500 crore over the next decade to expand manufacturing capacity, strengthen freeze-dried and spray-dried coffee capabilities, and scale value-added products, as the 70-year-old company targets revenue of Rs 1,800-1,900 crore in FY28. “We are looking at a 10-year roadmap of capacity expansion. Our current estimates bring the investment over the next 10 years to approx Rs 2,500 crore,” Sahib Singh, CEO, SLN Coffee, told ETRetail. The investment will focus on manufacturing infrastructure, energy-efficient technologies, automation, quality assurance and research and development. The company is evaluating locations across Andhra Pradesh, Tamil Nadu and Karnataka for its next phase of expansion under a programme called Project Horizon. Advt

“We have to be best in the world,” Singh said, adding that the company is also exploring decaffeinated coffee and proprietary technologies developed over the past five to seven years. SLN Coffee has already invested around Rs 300 crore in capacity expansion over the last two years.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.