Rice exporter Best Foods expects to nearly double its sales to Rs 5,000 crore by 2015-16 financial year on the back of strong demand from global markets as well as domestic market and plans for 800 new outlets during the period. Its sales more than doubled to Rs 2,600 crore in 2013-14, from Rs 1,000 crore in 2004-05 on increase in demand for basmati rice. The company, which is an integrated player of rice, ready to eat meals and sauces and deals in all types of Indian origin basmati rice plans to launch the 800 new outlets in a big way. Such big expansion plan of the rice exporter will be an added advantage for the signage companies whose activities revolve around in-shop designs, displays and related activities.
