Food pic

Food Firm Namboothiris to Register Rs 100cr Turnover by Year-End

Kochi: Food products company Namboothiris is all set to touch Rs 100-crore turnover mark by the end of this financial year.  “By the beginning of the Onam season, the company will have a range of more than 50 products in its food product segment, said Namboothiris Managing Director Neelakantan Nambeesan and Director Rajeev. G. Kaimal at a press conference here.

“The most attractive innovation will be pickles packed in ceramic jars, a first in the industry. We have roped in actor Suresh Gopi as our brand ambassador,” said Neelakantan Nambeesan.

Founded in 1960, Namboothiris was the first food products company in the State to introduce packed pickles commercially.

The company has been acquired recently by Nambeesans Group headed by Neelakantan Nambeesan.  Muraleedharan Namboothiri, who was the Managing Director of the Namboothiris earlier, will continue to be in the new leadership, in charge of the production side.

Namboothiris has ambitious plans to introduce more than 70 products in 10 various segments this year.

The company has entered into an agreement with the Chennai-based PayAgri Innovation – an Agro Fin Tech company, for the procurement of pesticide-free products directly from more than 60,000 farmers in Tamil Nadu.

The new concept of ‘Pickle in Ceramic Jars’ has already been launched by Aswathy Thirunal Lakshmi Bai of erstwhile Travancore royal family. “The new management has set up big plans to scale up the business to the national level and expand its exports so as to touch a 500 crore turnover by the end of next financial year,” added Nambeesan.