NEW DELHI: Capital Foods, the parent company of Ching's Secret and Smith & Jones brands, has named Navin Tewari as its new MD and CEO.
Tewari succeeds Ajay Gupta, who will now be non-executive chairman of the company.
The changes are effective 1 January, 2021.
Tewari has been associated with the company for over two years. He entered the organisation in 2019 in the role of chief executive officer. Prior to joining Capital Food, Tewari was executive president at Ultratech Cement for over five years. He has also served as ICICI Prudential AMC and Birla Sun Life Asset Management in key roles.
The Covid2019 has impacted the packaged food industry as the in-house consumption has increased.
Ching’s Secret from the house of Capital Foods has grown massively. The brand advertises regularly across mass media and has been able to catch the pulse of the audiences on the back of its strong marketing and distribution.
The product portfolio of Capital Foods includes cooking pastes, masala, ketchups, instant snacks, packaged Chinese foods, soups, noodles, and others.