Sona Group Tasks FG on Selfsufficiency in Food Production
Ugo Aliogo Ehoche Esther products and the Nigeria market is not an exemption.
He also noted that the distribution chain in the market is expensive with importation taking large chunk of it. He therefore noted that embarking local production of products, will lead to cut cost and export, “which on the long run, lifts the standards of Nigeria products and enhance growth in the industry.”
Mirchandani further noted that the versatility of the average Nigerian is a key factor in relating with the market system, adding that “Nigerians are very innovative and courageous with great potentials and these traits are clearly seen in how we maintain a lead role in a highly competitive business environment.”
The Chief Operating Officer of Sona Group, Mr. Ashok Manghnani, said the situation of the Nigerian market is changing with expansion being a vital aspect in this changing economy. He stated that the firm is expanding at a rate of 100 percent yearly and the capacity is increasing and “operation is on a higher level and this is evident in our impact on the economy.”
The Group was represented at the 2018 edition of Food West Africa by their major subsidiaries; Euro Global Food and Distilleries, makers of Maltonic, Sabrina, Sona Bitters, Sona AgroAllied Foods Limited, focused on confectionaries and Food, Agro and Allied Industries, focused on natural extracts such as sorghum brewing, malt extracts, glucose extracts and others.