New Delhi: Varun Chaudhary has been appointed as the Global CEO of CG Foods, a major fast-moving consumer goods company that is a part of the international conglomerate CG Corp Global.
Varun, who is also CG Corp Global’s managing director, will spearhead CG Foods’ transition from the historic Wai Wai single-product brand to a multi-category international food corporation.
This change in approach is in line with CG Corp Global’s overarching goal of becoming a leader in product categories, scale, innovation, and market presence. By the end of FY25, the company hopes to reach Rs 1,200 cr in sales under the new leadership. He said:
“Our goal is to transition from a single-product identity to a diversified food company that innovates continuously, adapts locally, and scales globally. At present, CG Foods offers 200-250 SKUs, but we want to go bigger. To achieve this vision, we will launch new products continuously while innovating CG’s existing portfolio and exploring tie-ups with retail partners.”
R&D, product development, and market expansion will be CG Foods’ top priorities under Varun’s direction. The company will pay particular attention to contemporary retail channels like e-commerce, Q-commerce and strategic retail alliances.
The hiring of Varun Chaudhary marks the beginning of a new era for the business, one that embraces innovation while paying tribute to its history. His current priorities include strategic acquisitions, including a possible expansion into Eastern Europe, operational optimisation, and HR restructuring.
Also read –
