Sodexo announces its new strategic positioning for India

Team YS
10th Mar 2010
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~Sodexo Executive Committee in India to evaluate growth opportunities~

Mumbai, March 10, 2010: Sodexo, a world leader in Quality of Daily Life Solutions, unveiled its new strategic positioning. Sodexo’s Group Executive Committee has identified India as one of it’s top 3 growth markets in Asia.

Sodexo India serves around 10,000 clients and over 3 million customers everyday through a workforce of close to 30,000. The country is looking at a double digit growth within the next ten years.

Speaking on the significance of India for its global plans, Sodexo CEO, Michel Landel, said,

“India is a very strategic country for Sodexo. It is one of our major growth platforms for the future, where we have decided to invest for long run and recently reinforced our position with the acquisition of RKHS.

In india, like in the rest of the world, our mission is twofold: improve the quality of Daily Life and contribute to the economic, social and environmental development of the cities and regions in which we operate. Consistent with the group global positioning, Sodexo India acts as a strategic partner to both its Indian clients and international organizations and offers Comprehensive Service Solutions, designed to enhance their reputation, improve efficiency of their employees, preserve the value of their assets and optimize their resources.”

With an increased focus on India, the Sodexo India strategy will encompass Motivation solutions and On-site service solutions. These solutions, designed, managed and delivered by Sodexo, enable clients to enhance their performance and accelerate their development.

Employee benefits, Incentives and Recognition, Public Benefits… Sodexo is the preferred partner of public and private organizations to design manage and deliver Motivation Solutions to attract and retain employees, boost performance and deliver social benefits transparently and securely. The Pass, designed by Sodexo to serve a variety of purposes, from meal vouchers to gift vouchers, is accepted by a network of retailers and service providers in multiple town and cities across the country.

Speaking on the growing importance of employee motivation, Ashish Talwar, CEO – Sodexo India, Motivation Solutions said,

“Sodexo voucher offerings are synonymous to Meal and Gift benefits offered to employees for retention and motivation by Corporate India. With the Government emphasizing on the need to ensure wellness of the common worker and Globalization increasing corporate sector’s concern towards providing quality workplace benefits, the market for Motivation solutions will continue to grow. As a market leader in India, Sodexo Motivation Solutions is in a unique position to leverage its strengths and aggressively cater to the growing demand.”

Sodexo designs, manages and delivers On-site Service Solutions such as people, process, infrastructure and technical services, which allow clients to focus on their core business. Sodexo’s service offers include: Food Services, Cleaning Services, Technical Maintainence, Energy Management and Business Support Services. Sodexo On-site service solutions manages over 1000 sites across 22 states.

Sunil Nayak, CEO – Sodexo India, On-site Service Solutions throws light on Sodexo’s plans in India,

“Sodexo India has the right portfolio of services and the experience to provide Comprehensive Service Solutions to our existing and new clients. We plan to grow by designing, managing and delivering solutions to our clients challenges and continuously improving the quality of daily life.”

Testimony to its India business expansion, in April 2009 Sodexo acquired Radhakrishna Hospitality Services (RKHS) – a leader in the Food services market in India, serving a prestigious client base. RKHS has been successfully integrated within Sodexo to create a single entity that offers a robust portfolio of On-site Service Solutions through Facilities Management, Food Services, Vending Solutions and Remote Site Management, in addition to Sodexo’s Motivation Solutions.

About Sodexo

Sodexo in India

Since 1997, Sodexo in India counts close to 30,000 employees today, delivers On-site Service Solutions to the following client segments: Corporate, Education, Health Care and Remote Sites; as well as Motivation Solutions through Employee Benefits, Incentives and Recognition and Public Benefits. (Meal Pass, Meal Card and Gift Pass).

Sodexo, world leader in Quality of Daily Life Solutions

Quality of Life plays an important role in the progress of individuals and the performance of organizations. Based on this conviction, Sodexo is the strategic partner for companies and institutions that place a premium on performance and well-being, as it has since Pierre Bellon founded the company in 1966. Sharing the same passion for service, Sodexo’s 380,000 employees, in 80 countries design, manage and deliver an unrivaled range of On-site Service Solutions and Motivation Solutions. Sodexo has created a new form of service business that contributes to the economic, social and environmental development of the communities, regions and countries in which it operates and to the fulfillment of its employees.

Key Figures (as of August 31, 2009)

Sodexo in the World
14.7 billion euro consolidated revenue

380,000 employees

33,900 sites

50 million consumers served daily

80 countries

22nd largest employer worldwide

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