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Wazir Advisors launched Agriculture, Dairy and Food Processing vertical

The new vertical will provide strategic and operational advisory and implementation assistance to private sector businesses, international donors and non-government organisations and policy advocacy services to governments

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Wazir Advisors, one of India’s leading management consulting firms focused on the apparel, textiles, consumer goods and skill development sectors has launched its Agriculture, Dairy and Food Processing vertical. It expects this new division to contribute 20 percent of the company’s business over the next two years. It further announced that Ritwik Bahuguna, a seasoned professional in this space, will be leading this new practice.
 
The ADFP vertical will provide strategic and operational advisory and implementation assistance to private sector businesses, international donors and non-government organisations and policy advocacy services to governments. Ritwik’s team has a footprint in Asia and Africa which it will look to expand in the next few years. The focus sectors in this practice will include food processing-based industrial parks, mega food parks, agri-inputs, agro-logistics, warehousing, cold chain infrastructure, dairy farms, milk processing facilities, standalone food processing and packaging units, skill development and organised farming.
 
ADFP has already started engagements and discussions with Haldiram’s, Nath Group and various SMEs on how businesses can be realigned in the wake of the COVID-19 crisis. The team aims to become a partner of choice of some of India’s leading food and FMCG companies over the next 12-18 months.
 
Speaking on the announcement, Harminder Sahni, Founder and Managing Director, Wazir Advisors, said, “Since 2009, Wazir Advisors has been working in sectors such as Textiles, Apparel, Retail, Consumer Goods and Skill Development. The evolution of these sectors has played a major role in India’s economic growth and employment generation. We have been continuously evaluating other sectors that offer similar potential for economic growth and employment creation for the Indian economy wherein our understanding of evolving markets and consumer behaviour can add meaningful value to all stakeholders.”

“Finally, we are launching our Agriculture, Dairy & Food Processing (ADFP) vertical offering all Wazir services; strategy development, implementation assistance, alliances facilitation (M&A, JVs and Fund Raising) and skill development. The food rocessing sector holds even greater promise of growth in the post COVID-19 era. It is a USD 550 billion market. We believe that our team’s sectoral expertise combined with our comprehensive offering – sourcing, manufacturing, supply chain, marketing and retail – will be a key differentiator,” Sahni added.

ADFP has already started engagements and discussions with Haldiram’s, Nath Group and various SMEs on how businesses can be realigned in the wake of the COVID-19 crisis. The team aims to become a partner of choice of some of India’s leading food and FMCG companies over the next 12-18 months.
 
Ritwik Bahuguna, Partner, Wazir Advisors said, “More than half of India’s population depends on these sectors directly or indirectly as a source of livelihood. We foresee that in the post COVID-19 era, global food supply chains will undergo major realignments. Given India’s inherent strengths and renewed focus from the government, India can emerge as a major global sourcing hub and also a major consumption market, thus creating a huge opportunity for Indian businesses and start-ups.”

Wazir Advisors is one of India’s leading management consulting firms focused on strategic and operational advisory in retail, consumer goods, textiles, apparel, agriculture, dairy and food processing sectors. It has also emerged as a leading player in the skill development space in these sectors.

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