<p>New Delhi: Edible oil manufacturer B N Group announced on Tuesday a $1 billion (approx Rs 8000 crore) investment to expand its operations across <a href="https://www.deccanherald.com/tags/africa">Africa</a>, targeting emerging markets with a phased deployment over the next five years.</p>.<p>The company, in a statement, said it plans to establish three manufacturing facilities with a combined production capacity of 2,000 tonnes and invest in palm plantations.</p>.<p>BN Group expects to commence operations by the fourth quarter of the fiscal year 2026-2027, projecting 20-25 per cent earnings before interest, taxes, depreciation, and amortization (EBITDA) margins.</p>.<p>The company's Founder and Managing Director, Anubhav Agarwal said the expansion is a strategic move to become a global enterprise, focusing on creating value-driven businesses that cater to diverse African markets.</p>.Why real estate outshines gold and stocks as a long-term investment.<p>Initially adopting a direct-to-store retail model, the company aims to build relationships with local retailers before transitioning to a distributor-based network.</p>.<p>The investment includes $400 million (Rs 3,300 crore) for manufacturing facilities and the remainder for plantation acquisitions.</p>.<p>BN Group, which currently operates brands Simply Fresh and Nutrica in India, reported revenues of over Rs 4,500 crore in fiscal year 2024.</p>.<p>The African expansion represents the company's broader strategy to strengthen its presence in the fast-moving consumer goods (FMCG) sector. </p>
<p>New Delhi: Edible oil manufacturer B N Group announced on Tuesday a $1 billion (approx Rs 8000 crore) investment to expand its operations across <a href="https://www.deccanherald.com/tags/africa">Africa</a>, targeting emerging markets with a phased deployment over the next five years.</p>.<p>The company, in a statement, said it plans to establish three manufacturing facilities with a combined production capacity of 2,000 tonnes and invest in palm plantations.</p>.<p>BN Group expects to commence operations by the fourth quarter of the fiscal year 2026-2027, projecting 20-25 per cent earnings before interest, taxes, depreciation, and amortization (EBITDA) margins.</p>.<p>The company's Founder and Managing Director, Anubhav Agarwal said the expansion is a strategic move to become a global enterprise, focusing on creating value-driven businesses that cater to diverse African markets.</p>.Why real estate outshines gold and stocks as a long-term investment.<p>Initially adopting a direct-to-store retail model, the company aims to build relationships with local retailers before transitioning to a distributor-based network.</p>.<p>The investment includes $400 million (Rs 3,300 crore) for manufacturing facilities and the remainder for plantation acquisitions.</p>.<p>BN Group, which currently operates brands Simply Fresh and Nutrica in India, reported revenues of over Rs 4,500 crore in fiscal year 2024.</p>.<p>The African expansion represents the company's broader strategy to strengthen its presence in the fast-moving consumer goods (FMCG) sector. </p>