date:Sep 24, 2012
to-eat food under brand name Maiyas is aggressively focusing on the market across South India. Sadananda started business expansion with an aggressive R60 Cr investment in a fully automated factory on 20 acres in Bangalore. A part of that investment was made through a short-term debt from a bank.
According to the business plan, Sadananda would first roll out a range of spices and, subsequently, instant mixes. This would be followed by ready-to-eat foods and frozen foods. Maiyas Beverages and Fo