Surya Food & Agro Ltd, which owns the Priya Gold brand of biscuits and Fresh gold fruit juices, won a tender by Indian Railway Catering and Tourism Corporation Ltd. (IRCTC) to offer quality food and beverages to the commuters. There is a plan to set up 350 kiosks of which 175 are already operational making a turnover of Rs.40 lakh per month. Balance 175 kiosks will be operational by the end of next month. The company has a permit of 5 years to run these outlets. Currently SFAL has 90 kiosks in South, 25 in North, 45 in West and 15 in East. The company plans to expand through franchise route. The investment will be Rs.4-5 lakh per kiosk for a franchisee. Kiosks are offering Priya Gold and Fresh Gold range of products and will add other range of products like cakes and cookies, while the franchisee can sell tea/coffee and other eatables. The company expects a huge turnover after the launch of its few new products in near future.
