One of the key players in the Nigeria’s industrial growth and a diversified conglomerate, Sona Group Industries has urged stakeholders in the industrial sector to take advantage of the vast opportunities in the African market, embrace and promote Made in Nigeria products.
Mr. Arjan Mirchandani, Chairman of Sona Group, while speaking at the Food West Africa 2018, said the future of Africa is based on self sufficiency, locally made products and the Nigeria market is not an exemption, which is the major reason he is emphasizing the patronage of Made in Nigeria products.
“The chain of distribution in the market is expensive, with importation taking the chunk of it; therefore by making our products locally, not only do we cut costs, but we can also export, which in the long run lifts the standard of Nigeria products and enhance growth in the industry”, he stated.
Mirchandani also spoke on the versatility of the average Nigerian which he said is a key factor in relating to the Nigerian market system. In his words: “Nigerians are very aggressive, innovative, and courageous with great potentials; and these traits are clearly seen in how we maintain a leadership role in a highly competitive business environment”.
According to the Chief Operating Officer of Sona Group, Mr. Ashok Manghnani, “The situation of the Nigerian market is changing, with expansion being a vital aspect in this changing economy. We are expanding at a rate of 100%, every year our capacity is increasing; operation is on a higher level and this is evident in our impact on the economy”.
The Group was represented at the 2018 edition of Food West Africa by their major subsidiaries; Euro Global Food and Distilleries, makers of Maltonic, Sabrina, Sona Bitters etc; Sona Agro-Allied Foods Limited, focused on Biscuits, Wafers and Chocolates, and Food, Agro and Allied Industries, focused on natural extracts such as sorghum brewing, malt extracts, glucose extracts etc.
Food West Africa is the leading food and beverage trade exhibition in West Africa, hosting over 100 exhibitors from 20+ countries worldwide. The exhibition gives leaders in the food and beverage industry the opportunity to display their products and network with major suppliers and distributors around the world.