Indus Foods secures £1.5m for growth plans

Indus Foods is to expand its Asian food wholesale business with new manufacturing units and an unspecified number of jobs, having secured £1.5m of funding from MEIF Maven WM Debt Finance.

Managing director Tariq Areehy commented, 'We are delighted to receive this funding boost to enable us to execute our growth plans.

'We are looking forward to modernising our warehouse and creating a manufacturing and production hub where whole spices will be prepared under our own brand label.

'We have some really exciting plans ahead and we are looking forward to working with the Maven team to grow the business.'

The company serves around 5,000 retail and foodservice customers and also supplies fast food packaging and housewares. It has been part of the Today's Group, one of the UK's largest buying firms, for close to 35 years,