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MTR Foods is an Indian food products company based in Bengaluru, India. The company manufactures a range of packaged foods including breakfast mixes, ready to eat meals, masalas and spices, snacks and beverages. MTR Foods Pvt. Ltd. is a subsidiary of Norwegian conglomerate Orkla. MTR is the acronym of Mavalli Tiffin Room.
The company was started by Sadananda Maiya in 2012. [ 1 ] [ 6 ] Sadananda Maiya's father Parampalli Yagnanarayana Maiya started Mavalli Tiffin Room (MTR) in 1924. Sadananda Maiya started MTR Foods in 1976, the packaged foods division of MTR, his second entrepreneurial venture.
The company's crab processing facilities are found in the United States and Southeast Asia. Ten plants are located worldwide. In 1990, Phillips opened crab processing facilities in Southeast Asia to ensure a year-round supply of swimming crab meat for their restaurants. Phillips Foods has global sales offices in Baltimore, MD and Bangkok, Thailand.
Bonn Nutrients Pvt. Ltd.: The first work processing unit was established in 1994 and the headquarters is in Jhabewal, Chandigarh Road, Ludhiana. The plant inside the unit was used in producing a variety of breads like White Bread, Brown Bread, Wheat Bread, Frooty Bread, and Sandwich Breads. Bonn Food Industry Ltd.:
[4] [5] Its products are also marketed under the brand name "English Oven". [6] [7] [5] The company exports its products to 60 countries. [8] It also supplies Indian government entities such as Indian Railways and government canteens and has supply relationships with multinational fast food companies like McDonald's, Subway, and Yum! Brands. [9]
The Mavalli Tiffin Rooms (MTR, Kannada: ಮಾವಳ್ಳಿ ಟಿಫನ್ ರೂಂ) is the brand name of a food-related enterprise in India.Having its origin as a humble mess located on Lalbagh Road in Bangalore, it has ten other branches in Bangalore, as well as one in each of Udupi, Mysore, Singapore, Kuala Lumpur, London, Bellevue and Dubai.
In 2011, Engro Foods was listed on the Karachi Stock Exchange, following an initial public offering at a strike price of PKR 25. [5] By 2012, it had a market capitalization greator than its parent company, Engro Corporation. [6] In 2016, Dutch dairy co-operative, Friesland Campina, acquired 51 percent stake in the company for US$450 million. [7]
The company is all set to fulfill its vision of becoming a complete food company by introducing a wide variety of food products From biscuits to bakery — cakes, cookies and Rusks and moving on to extruded snacks. [7] The company also launched India's first sugar-free cream cracker and one more offering Googly, a sweet and sour cracker biscuit ...