The Canadian frozen food maker McCain famous for its frozen ready to fry smiley’s and aloo-tikki plans to invest 350 Cr in its Gujarat Unit. The investment would be directed towards increasing the production capacity, and would also lead to increase in employed manpower by about 50 %. The company is facing increase in demand from retail, food service sector and quick service restaurants like McDonald’s, Pizza Hut, Kentucky Fried Chicken, Subway and luxury hotels.
Vikas Mittal, MD, McCain Food India, has said that “We will be investing in a third line for manufacturing thereby increasing the capacity by more than two times". Since 2006 the company has already invested Rs 140 Cr. in Mehsana Unit at Gujarat.
Being the biggest supplier of French fries to McDonald’s, the company is also focusing on the South East Asian market apart from exporting to South Africa and Middle Eastern countries.
McCain Foods Ltd. is the world’s largest producer of French Fries and Potato Specialties. Since 1998, McCain has been present in India and subcontinent countries, and has been active in agriculture R&D and in development of frozen food market. The company supplies to leading fast food chains, hotels, restaurants, and catering companies. In last few years the company’s has also expanded its reach in the retail market and its products are highly popular for in-home consumption.