New Delhi, Sep 8 (PTI) Baked products maker Bonn expects to achieve Rs 1,000 crore revenue in the next two years, the company said on Thursday.

The company, which recently revamped its range of breads & bakery products, expects the Delhi-NCR market to drive its growth rate to 30 per cent, the statement said.

Also Read | Asha Bhosle Birthday: 5 Indie-pop Songs Of The Singer That Have A Permanent Place In Our Nostalgia Playlist.

Bonn, which is among the top three bakery brands in the region, said post-Covid the size of the Delhi-NCR market grew remarkably because the demand for hygienically packed food increased.

"Bonn expects this transition to a stronger brand identity and packaging to help them reach almost 2 times post-launch revenue in the future, aiming to touch Rs 1,000 crore turnover in next 1-2 years," said Bonn Group of Industries Director Amrinder Singh.

Also Read | Realme GT Neo 3T India Launch Set for September 16, 2022.

According to recent data, approximately 12-15 lakh loaves per day are produced in the National Capital Region (NCR).

"We believe this change will also align our consumers to our new plans for the future. This is the future in which we envision growing at a CAGR (Compound Annual Growth Rate) of 30 to 35 per cent year-on-year growth," Singh said.

The company has 11 manufacturing plants across north India.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)