National Foods Limited, through its wholly-owned subsidiary National Foods DMCC in Dubai, has established a new subsidiary called National Foods (FZE) in Sharjah, U.A.E. This strategic move is part of the company’s plan to strengthen its presence in international markets.
As a key player in the manufacturing and sale of convenience-based food products, National Foods Limited operates under the ultimate parent entity ATC Holdings (Private) Limited. The recent expansion into Sharjah reflects the company’s commitment to broadening its reach on the global stage.
The establishment of National Foods (FZE) signifies a significant milestone in National Foods Limited’s strategy to enhance its foothold in global markets. This move aligns with the company’s broader vision of tapping into new markets and catering to diverse consumer preferences worldwide.
Known for its focus on convenience-based food products, National Foods Limited is expected to introduce its diverse product portfolio to consumers in the U.A.E. This expansion may provide a taste of the company’s renowned food offerings to a new audience.
In the latest trading session, the share price of National Foods Limited (NATF) is reported at Rs161.49, reflecting a 0.37% increase compared to the previous close. This positive market sentiment indicates confidence in the company’s strategic expansion into Sharjah.
National Foods Limited’s move into Sharjah not only highlights its global ambitions but also holds the potential to contribute to economic growth in the region. The expansion may open doors for job creation, partnerships, and increased economic activity, further solidifying National Foods Limited’s position in the international market.
