The company is expecting to grow production capacity of instant noodles over two fold, from 2.5 billion packets per year to 5 billion packets, by 2020.
Besides, CG Corp Global (the parent company), also has plans to enters segments such as personal care, home detergents (with a new brand) and to diversify its popular brand Wai Wai into segments as ready-to-eat food and others, including cereals.
CG Food India has a turnover of around Rs 1,000 crore.
The company is forming a joint venture with a European firm for personal care products, and plans to enter the markets by 2019, he added.
"In Nepal, we have already started in all the essential commodities and personal care (through different brand) and food," he added.
"We have just finalised to acquire a plant in Kazakhstan. The Egyptian government has already given us land, and we are going to be near Cairo in one years' time," he said adding that "in Bangladesh, we are opening this month".
According to him, Bangladesh plant would cater to the Myanmar market also, while Egypt is for Africa and middle-east markets, and Kazakhstan would serve the Commonwealth of Independent States (CIS) countries.
It also has a plant in Belgrade, Serbia, which caters the east-European market.
"We are expanding our global footprint strategically to reach our 2020 plan to be a 5-billion packet company, which would make us a global firm," Chaudhary added.
CG Corp Global is Nepal's first and only billion-dollar corporation and is present in over 30 countries.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)