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Bangkok Post
Bangkok Post
Business

King Stella ramps up overseas expansion

Mr Chutiphon is upbeat regarding market opportunities in India's pet food market. King Stella Group plans to set up a new firm near Mumbai within this year's second quarter.

King Stella Group, a 60-year-old manufacturer and marketer of consumer products, is preparing to set up new enterprises in India, the Philippines and Indonesia as a part of efforts to double its overseas and domestic sales to reach 2 billion baht within 2025.

Chutiphon Kittikasamsak, the company's chief empowerment officer, said after the company conducted a feasibility study about market opportunities in the pet food market in India, it saw a huge market potential to expand its business there. The country is a huge market with a population of 1.4 billion population, while Indian people also love Thai products, he said.

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