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Modern Foods

3.8
based on 123 Reviews

Working at Modern Foods

Company Summary

The Most trusted bakery brand of India, Modern Foods serves delicious cakes, fresh & quality breads, crunchy rusks and healthy bakery products, making us favourite amongst Indian families.

Overall Rating

3.8/5
based on 123 reviews
highly rated categories
3% below
industry average
highly rated categories
Highly rated for

Skill development

Work Policy
Work from office
Work from office
64% employees reported
Monday to Saturday
Monday to Saturday
83% employees reported
Flexible timing
Flexible timing
52% employees reported
Within city
Within city
41% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
Job/Soft skill training
6 employees reported
Health insurance
Health insurance
4 employees reported
Free meal
Free meal
2 employees reported
Professional degree assistance
Professional degree assistance
1 employee reported
View all benefits

About Modern Foods

Founded in1965 (60 yrs old)
India Employee Count51-200
Global Employee Count--
Office Locations
--
Websitemodernfoods.co.in
Primary Industry
Other Industries
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Modern is an iconic brand that pioneered the concept of bread, and literally created the bread category in India. Launched in 1965 as Modern Bakeries (India) Limited, the company was rechristened Modern Foods India Ltd. (MFIL) in 1982. Holding 40% share of the Indian bread market at one stage, Modern Breadโ€™s iconic Blue & Orange Waxed Paper Bread pack was virtually synonymous with bread for several generations of Indians. MFIL was the first company to be privatized by the Government of India in 2000, through a divestment to Hindustan Unilever Ltd. (HUL). Everstone Capital signed a definitive agreement with HUL to acquire the brand and business under the โ€œModernโ€ brand in a slump sale on Sep 7th, 2015. The carve out of the business was completed in Apr 2016, with the brand and the business transitioning to a New Co. โ€œModern Foods Enterprises Private Ltd.โ€ (MFIL) which is 100% owned by Everstone Capital. The core of the thesis in the acquisition is the belief that the latent equity of the brand is significantly larger than the business, presenting an opportunity for value creation in bread, bakery, adjacent segments and more broadly in packaged foods. Modern remains only one of the two Bread & Bakery brands with Pan-India presence. Modern operates through 6 owned manufacturing units, 9 third party units and a network of 35 franchisees to reach 70,000+ retail outlets in India. Modern manufactures and markets a full range of white and sweet breads, health and wellness breads (80% of the business) and value added bakery products such as cakes, muffins, buns, pau, chapatti in the south and cream rolls (20% of the business).
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Modern Foods Ratings

based on 123 reviews

Overall Rating

3.8/5
How AmbitionBox ratings work?
5
46
4
40
3
18
2
3
1
16

Category Ratings

3.8

Skill development

3.7

Company culture

3.7

Salary

3.7

Work satisfaction

3.6

Job security

3.6

Work-life balance

3.5

Promotions

Modern Foods is rated 3.8 out of 5 stars on AmbitionBox, based on 123 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the companyโ€™s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Modern Foods
based on 116 reviews
3.9
Rated by 14 Women
Rated 3.9 for Skill development and 3.8 for Job security
3.8
Rated by 102 Men
Rated 3.8 for Skill development and 3.7 for Company culture

Work Policy at Modern Foods

based on 11 reviews in last 6 months
Work from office
64%
Permanent work from home
18%
Hybrid
18%

Modern Foods Reviews

Top mentions in Modern Foods Reviews

+ 5 more

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Overall Rating
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Highly Rated for
Skill development
Job security
Skill development
Salary
Job security
Skill development
Critically Rated for
No critically rated category
Promotions
No critically rated category
No critically rated category
Primary Work Policy
Work from office
64% employees reported
Work from office
77% employees reported
Work from office
72% employees reported
Work from office
67% employees reported
Rating by Women Employees
3.9
Good
rated by 14 women
3.7
Good
rated by 490 women
3.7
Good
rated by 65 women
3.8
Good
rated by 171 women
Rating by Men Employees
3.8
Good
rated by 102 men
4.0
Good
rated by 4.8k men
3.9
Good
rated by 1.4k men
4.1
Good
rated by 1.9k men
Job security
3.6
Good
4.1
Good
3.5
Good
4.0
Good
View more

Modern Foods Salaries

Modern Foods salaries have received with an average score of 3.7 out of 5 by 123 employees.

Sales Executive

(25 salaries)
Unlock
โ‚น3.3 L/yr - โ‚น6.5 L/yr

Executive Production

(25 salaries)
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โ‚น3.1 L/yr - โ‚น4.6 L/yr

Territory Sales Incharge

(16 salaries)
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โ‚น2.3 L/yr - โ‚น4.5 L/yr

Quality Executive

(12 salaries)
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โ‚น2.4 L/yr - โ‚น6 L/yr

Executive Accountant

(9 salaries)
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โ‚น4 L/yr - โ‚น6.2 L/yr

Sales Manager

(8 salaries)
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โ‚น11 L/yr - โ‚น29.9 L/yr

Executive Quality Assurance

(8 salaries)
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โ‚น3.4 L/yr - โ‚น5 L/yr

Accounts Manager

(8 salaries)
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โ‚น12.9 L/yr - โ‚น20.6 L/yr

Senior Sales Executive

(7 salaries)
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โ‚น3.4 L/yr - โ‚น5.3 L/yr

Production Manager

(7 salaries)
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โ‚น9 L/yr - โ‚น32 L/yr

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Modern Foods FAQs

When was Modern Foods founded?
Modern Foods was founded in 1965. The company has been operating for 60 years primarily in the Food Processing sector.
Where is the Modern Foods headquarters located?
Modern Foods is headquartered in Gurgaon/Gurugram, Haryana.
How many employees does Modern Foods have in India?
Modern Foods currently has more than 100+ employees in India. Sales & Business Development department appears to have the highest employee count in Modern Foods based on the number of reviews submitted on AmbitionBox.
Does Modern Foods have good work-life balance?
Modern Foods has a Work-Life Balance Rating of 3.6 out of 5 based on 100+ employee reviews on AmbitionBox. 70% employees rated Modern Foods 4 or above, while 30% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Modern Foods work-life balance reviews for more details
Is Modern Foods good for career growth?
Career growth at Modern Foods is rated fairly well, with a promotions and appraisal rating of 3.5. 70% employees rated Modern Foods 4 or above, while 30% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Modern Foods promotions/appraisals reviews for more detailed insights.
What are the pros of working in Modern Foods?
Working at Modern Foods offers several advantages that make it an appealing place for employees. The company is highly rated for skill development, based on 100+ employee reviews on AmbitionBox.
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