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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

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to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Mcap of 8 of top-10 most valued firms jumps ₹4.13 lakh cr; HDFC, ICICI Bank top gainers Coal India absorbs cost surge to shield consumers from price spike Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions Luxury carmakers hope West Asia ceasefire will lift consumer sentiment Pharma and healthcare companies to face continued margin pressure: HDFC Securities Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Reliance seeks government approval to buy Iranian crude oil IPL 2026: Ad volume witness marginal dip in first 13 matches West Asia Crisis: Induction cooking may consume 13-27 GW power Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman Vingroup plans 60,000 EV fleet as part of $6.5 billion Maharashtra push TVS Srichakra assumes US sponsorship rights to boost global brand visibility Vedanta Aluminium signs pact with two downstream companies Shapoorji Pallonji group reiterates call for public listing of Tata Sons THINK Gas launches GIS platform for instant PNG availability check, faster connections Swiggy co-founder Nandan Reddy to exit; 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Zappfresh’s parent DSM Foods scouting for more acquisitions: MD
2026-04-14 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Deepanshu Manchanda, MD, DSM Fresh Foods 

Deepanshu Manchanda, MD, DSM Fresh Foods 

DSM Fresh Foods Ltd, the parent company of fresh meat food brand, Zappfresh, is continuing to scout for strategic acquisition opportunities, as it aims to diversify its food play. The company recently forayed into the frozen vegetarian snack category with the launch of its brand, Meevaa Foods with a focus on domestic and international markets.

In January, it had announced that it is acquiring Ambrosia Frozen Food’s operating food processing business through Avyom Foodtech.

Deepanshu Manchanda, MD, DSM Fresh Foods told businessline, “Our vision is to offer a basket of products in the fresh meat, frozen, ready-to-cook and eat segments. We want to diversify into value-added, adjacent categories that have high margins . Hence, we are planning to continue to look at more acquisitions that are value accretive and compliment our existing portfolio.” The company is looking at inorganic growth opportunities in categories such as frozen food products, ready-to-cook and eat as well as spices among others.

With the launch of Meevaa Foods, the company is strengthening its play in ready-to-cook and eat products. “Our recent acquisition in the frozen and processed foods segment enabled us to fast-track our diversification vision, allowing us to bring our frozen food range to market within few weeks. With Meevaa Foods, we want to cater to a wider base of consumer beyond non-vegetarian food space and diversify our presence into international markets. While we will deepen the brand’s India distribution, we are also tapping into markets such as the US, UK and Europe,” he added.

New products

Manchanda said that the company will keep rolling out new products to rapidly grow Meevaa Foods. “ In this fiscal year, we are targeting revenues of ₹70 crore from the frozen category in the new subsidiary,” he added.

In terms of overall distribution expansion, the company is looking at deepening presence in Southern and Western regions. “ India is a protein-deficient market. Consumption of meat and fish is rising by 10-15 per cent. So this category is also expanding in its penetration led by organised players. We will continue to build our protein portfolio,” he added.

Published on April 14, 2026