Iscon Balaji Foods is a prominent player in the food and beverage industry, specializing in the production and export of frozen potato products and dehydrated flakes since 2012. The company operates with a vertically integrated farm-to-fork model, allowing it to lead the B2B and export sectors in processed food within India. IBF's revenue streams are diversified across domestic B2B, exports to over 20 countries in South, South-East Asia, and MENA, and a recently added consumer business.
With a strong emphasis on sustainability and social responsibility, IBF maintains a "Farmer's Heart" by educating and supporting agricultural partners. The company sources high-quality potatoes from India and Europe through agreements with 8,000+ farmers, and actively engages in promoting sustainable agricultural practices to maintain ecological balance.
Currently, IBF processes over 400 million kilograms of potatoes per season across four manufacturing locations and operates India's largest frozen French Fries factory. The product portfolio includes a range of offerings such as French Fries, hash browns, potato shots, patties, and flakes for its B2B segment, as well as a premium frozen foods brand called Hungritos for consumers in India and Malaysia.
The company has experienced significant growth, with a workforce of 2,500 employees and a continuous focus on recruiting top talent from the industry. Although specific details regarding the last investment and investors are not available, IBF's operations and expansion indicate a strong position in the market and a commitment to sustainable business practices.
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