Toyam Industries appoints Sunil Alagh as Advisor
New Delhi , 6th February, 2018: Toyam Industries Limited, India's only public traded company in Sports Events segment today, announced that Mr. Sunil Alagh has joined the company as an Advisor. Mr. Alagh will advise on day-to-day operations for all aspects of the company businesses in general and health F&B vertical in particular. This will enable and complement Toyam Industries Limited's expanded focus on ancillary businesses.
Mr. Sunil Alagh is the Founder and Chairman of SKA Advisors – a business advisory and consultancy service with an emphasis on Marketing and Brand Management strategies. His wide range of clients includes Godfrey Phillips India, Setco Automotive, Elite Foods, Louis Dreyfus, Amira Foods, LT Foods, GSK Consumer, Warburg Pincus, Emami, VIP Ltd., Biocon India, and Mahindra Group. Mr. Alagh has developed and incubated several successful brands like Britannia Tiger biscuits and has a wealth of rich experience in marketing and brand building strategies.
Mr. Alagh held very senior positions in the private sector. During his tenure at Britannia, he took the company to significant heights and got featured in the Forbes List of 300 Best Companies in the World in 1999, 2000 and 2002. Britannia also became the most trusted food brand in India. He is on the Boards of United Breweries Ltd., Gati Ltd., and Indofil Industries Ltd. In addition, he is an Advisor to Hannover Re, Germany and a Member of Prasar Bharati Board, India.
Mohamedali Budhwani, Toyam Industries Limited Chairman & Managing Director stated, “Mr. Alagh is a proven leader and industry veteran who will help us scale up, and play a key role in executing our growth strategy as we continue our evolution to an Integrated Sports League Platform provider.”
Mr. Alagh brings to Toyam Industries Limited 40 years of leadership experience in the Food processing sector. It’s going to prove a shot in the hand for the company as Toyam Industries Limited is launching its Health F&B chain of products. The company is starting with limited products - Peanut Butter, Energy Drinks, Protein Shakes, Fat Burners, Snack Bars and Hydrating liquids in the current year and a complete chain of organic products like Wheat, Cereal, Seeds and Nuts in the subsequent years.
"Due to rising awareness about health and fitness and changing lifestyle, India's Nutraceuticals Market is likely to cross Rs.40,000 Crores($6 Billion) by 2020 from current level of Rs. 18,000 Crores ($2.7 Billion) growing at compound annual growth rate (CAGR) of about 17%, according to a study on 'Indian Nutraceuticals, Herbals, and Functional Foods Industry: Emerging on Global Map,' jointly conducted by ASSOCHAM and RNCOS. Toyam Industries Limited wants to capitalize on the same." added Mr. Budhwani.