Industry, Logistics & Shipping

Orkla India launches wholly-owned subsidiary in Dubai

Orkla India has announced the expansion of its Middle East presence through the launch of its wholly-owned subsidiary, Orkla India – Middle East & Africa (Orkla IMEA) headquartered out of Dubai, and set to deliver ethnic Indian and Indian-inspired culinary experiences to consumers in the region.

Orkla IMEA carries the powerful heritage and strong brand recognition of MTR and Eastern, two renowned brands in Indian cuisine, said the company in a statement.

This launch announcement aligns with Orkla India’s recent announcement of reorganising itself into three business units Eastern, MTR, and International Business, it stated.

With a remarkable growth rate of 15% in the Middle East, Orkla India has demonstrated exceptional performance in the region. Notably, the Middle East constitutes a significant portion, 70%, of Orkla India's total international business.

With this launch, Orkla IMEA wants to build on its wide retail footprint spanning over 20,000 stores in the region to accelerate its growth further.

Ashvin Subramanyam, CEO International Business, Orkla India, said: “The launch of Orkla IMEA, solidifies our dedication to the Middle East. We are delighted to bring our rich heritage of Indian culinary excellence through the MTR and Eastern brands to consumers in the region.

“I’m especially thrilled with the recent success of our Eastern Arabic spices range, which has grown 10 times in the last 3 years, a sign that local Arabic consumers are loving the product.”

Among the top-selling products, spices, and masalas stand out as the most popular, followed closely by breakfast offerings, beverages, and Indian sweets.

Added to that, the company said, is the exciting growth momentum the company is seeing with its newest addition, the Eastern Arabic spice range.

Orkla IMEA said it places a strong emphasis on comprehending local nuances and customizing its products to fulfil the varied requirements of consumers in this region. - TradeArabia News Service