Ayodhya based leading compostable tableware brand CHUK turns

07 May, 2024: CHUK, the flagship brand of Pakka, has registered outstanding development, showcasing a considerable revenue turnaround within the third quarter of the fiscal yr, 2023–24. Strengthening its dedication to compostability and innovation, CHUK has emerged as a pacesetter in offering eco-friendly alternate options to conventional tableware. In Q3 of the present fiscal yr, CHUK witnessed a noteworthy revenue earlier than tax (PBT) of INR 174.24 lakhs.

Established in 2017, CHUK is a compostable tableware brand manufactured from sugarcane residue, often known as bagasse. It additionally gives a compostable different to styrofoam and single-use plastic. Since its inception, CHUK has solidified its place as a leading compostable brand by forging partnerships and supplying its merchandise to airports, in style restaurant chains, and leading QSRs. In the previous couple of years, the brand has made investments in innovation-based analysis, capital belongings, organizational construction, geographic areas, and synergic diversification. CHUK’s latest collaborations embrace alliances with esteemed names reminiscent of Kanha Shanti Vanam, Hyderabad; Anna Idly, Pune; Gatti Chatani, Pune; Caterspoint; Amritsari Express, Delhi; Taco Bell; TFS (airport catering); and Nik Bakers, amongst others. These partnerships underscore CHUK‘s imaginative and prescient to encourage sustainable practices throughout various sectors. 

CHUK additionally collaborated with the Ram Mandir Trust in the course of the Ayodhya Mandir consecration occasion to distribute compostable tableware and showcased its product portfolio on the just lately concluded Aahar 2024 present in Delhi. These feats additional contributed to the brand’s overarching aim of constructing the Earth a greater place to dwell with its disposable and compostable tableware merchandise. 

Satish Chamyvelumani, Compostables Business Head, stated, “It is de facto motivating and cheering to witness CHUK’s exponential development in simply six years. There is an growing demand for compostable packaging owing to the growing deal with sustainability. We are on the forefront of this transformation, offering compostable tableware options to customers worldwide. With the aim of CHUK that will help you ‘eat secure’ this success is a testomony to the brand’s relentless pursuit to realize a cleaner and greener earth. We are constantly innovating and constructing on our product portfolio, and sit up for persevering with on this accelerated development trajectory.”

Given altering market developments, CHUK emphasizes the pivotal function of sustainability in driving shopper decisions. The world bagasse tableware merchandise market is forecast to develop at a CAGR of 6.7% from 2023 to 2032. The market worth is projected to extend from US$ 2,985.1 million in 2023 to US$ 5,230.5 million by 2032. CHUK envisions an formidable roadmap for the following monetary yr. With plans to speed up development at double the present tempo, the brand goals to reinforce profitability, develop its world footprint, and introduce new product choices that align with evolving shopper preferences.