Spice Lounge Food Works Launches Agro Division, Targets ₹1,200 Cr Revenue

Spice Lounge Food Works Limited has launched its new Food Emulsifier & Agro Division, a vertical encompassing agri-sourcing, agro chemicals, and processing. This strategic move aims to backward-integrate the company's supply chain and is projected to generate approximately ₹1,200 crore in revenue. The division will supply the company's existing restaurant, QSR, and live-events businesses (Xora World), and also serve external clients in the hotel, QSR, and food processing industries as a B2B supplier of food emulsifiers and ingredients. The company is currently in advanced, confidential talks with global majors for strategic partnerships and offtake arrangements.