Taj Sats bets on non-core catering plans to hedge slump in aviation

IHCL-run JV looks to build central kitchen, launch food brands

Even as Taj Sats Air Catering, a business division run by Indian Hotels Corporation Ltd (IHCL), reported steady revenue growth this year, the management is bracing for deceleration in the near future, given the slowdown in the Indian aviation industry, thanks to Jet Airways having ceased operations, and is driving a strategy to grow its non-aviation income. With a turnover of Rs 408 crore, up by 8 per cent from last year, Taj Sats gets 82 per cent of its income from catering to aviation companies including foreign airlines Singapore Airlines, Malaysian Airlines, British Airways, Finnair, Japan Airlines, and domestic