Angelo Po, the 90-year-old Italian company, supplier to professional kitchens across the globe, is targeting revenues worth 15,00,000 Euros from India in the next five years. The company entered India in 2005.
Commenting on the expansion plans, Rakesh Tara, Country Manager (India), Angelo Po, said: “As a part of our expansion drive we will be launching new models of combi ovens, Monolithe range and blast freezers in the next six months. As regards our sales target, last year we had planned a target of 600,000 Euros turnover and achieved 500,000 Euros, which is quite reasonable. Our current year’s target is 700,000 Euros.”
He further added: “We have recently expanded our sales and service network to other markets such as Sri Lanka, Bangladesh, Nepal, and Bhutan. So we will focus on further leveraging these new markets.”
Modular cooking range and ovens are the most popular equipments for Angelo Po in the Indian market followed by refrigerators, blast chillers, freezers, refrigerated displays, pizza range, and pastry refrigeration range.
The Oberoi, ITC Group, The Lalit, and Carlson Group are some of the clients of the Italian company. Its equipment range starts from Rs 1,50,000 to Rs 25,00,000 for a single piece of equipment.
