PT Indofood Sukses Makmur Tbk Overview
Company Headquarters: Central Jakarta, Indonesia
Founded: 1990
Workforce: ~88,205
Company Working: PT Indofood Sukses Makmur Tbk (Indofood) produces and sells several food products in Indonesia and internationally. It operates through various business verticals including noodles; dairy products, including sweetened condensed, temperature, and powdered milk, sterilized bottled, pasteurized liquid, as well as butter, creamer, ice cream, and lactic acid beverages; snack foods, such as cassava, soybean, potato, sweet potato chips, and various extruded snacks, as well as biscuits; culinary products and syrups; nutrition and special foods; and packaging materials; and non-alcoholic beverages such as carbonated and non-carbonated soft drinks. The company was formerly known as PT Panganjaya Intikusuma and changed its name to PT Indofood Sukses Makmur Tbk in 1994. PT Indofood Sukses Makmur Tbk is operating as a subsidiary of First Pacific Company Limited.
Strategy
Indofood is highly focused on introducing fresh and regional flavors, as well as new product variants to the consumers through extensive research and development. The company plans to enter several partnerships with major brands to strengthen its product line and create a market dominance during the forecast period. Furthermore, strong distribution network and innovative packaging design are few other strategies of the company to operate at the global level.
