Varun Chaudhary has been appointed as the global CEO of CG Foods, a subsidiary of CG Corp Global.
Chaudhary, who has been with CG Corp for over three decades, is tasked with achieving a revenue goal of Rs 1,200 crore by 2026 for the company.
CG Foods, known for Wai Wai noodles, is diversifying into sauces, pastas, snacks, and seasonings to become a diversified food company capable of global scaling.
The company aims for three to four times growth by expanding its presence in e-commerce and quick commerce, and is considering collaborations with retailers.