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With new brand identity, Weikfield Foods eyes 2.5x growth in revenue

The company also announced a comprehensive repositioning strategy recently

tea. coffee
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The company which was not very aggressive in terms of investment on the brand communication is now investing aggressively to build saliency in the consumer mind.

T E Narasimhan Chennai
Weikfield Foods, started in 1956, recently announced a comprehensive repositioning strategy with a new brand identity. The company is also planning to diversify its products offerings into tea segment, ready-to-eat and others as part of efforts to minimise revenue contractions.

Despite the pandemic, the company expects these initiatives would help to achieve its growth target of 2.5 times in revenue over the next 3 years. New products will account for 25 percent.

Weikfield has gone from strength to strength over the last six decades with its iconic portfolio consisting of custard, cornflour, baking powder and cocoa including its recent entries like pasta,