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Modern Foods
3.7
based on 124 Reviews
Company Overview
Company Locations
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
3.7/5
based on 124 reviews

5% below
industry average
Work Policy

Work from office
67% employees reported

Monday to Saturday
83% employees reported

Flexible timing
51% employees reported

Within city
41% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
6 employees reported
Health insurance
4 employees reported
Free meal
2 employees reported
Professional degree assistance
1 employee reported
View all benefits
About Modern Foods
Founded in1965 (60 yrs old)
India Employee Count51-200
Global Employee Count--
India HeadquartersGurgaon/Gurugram, Haryana, India
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 Breadโs 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 โModernโ 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. โModern 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 124 reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
46
4
40
3
18
2
3
1
17
Category Ratings
3.7
Salary
3.7
Skill development
3.6
Company culture
3.6
Job security
3.6
Work satisfaction
3.5
Work-life balance
3.4
Promotions
Modern Foods is rated 3.7 out of 5 stars on AmbitionBox, based on 124 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the companyโs 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 117 reviews
3.9
Rated by 14 Women
Rated 3.9 for Skill development and 3.8 for Job security
3.7
Rated by 103 Men
Rated 3.7 for Salary and 3.7 for Skill development
Work Policy at Modern Foods
based on 12 reviews in last 6 months
Work from office
67%
Permanent work from home
17%
Hybrid
16%
Modern Foods Reviews
Top mentions in Modern Foods Reviews
+ 5 more
Compare Modern Foods with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 3.7/5 based on 124 reviews | 4.0/5 based on 125 reviews | 4.3/5 based on 177 reviews | 4.0/5 based on 608 reviews |
Highly Rated for | No highly rated category | Work-life balance Company culture | Work-life balance Job security Company culture | Salary Work-life balance |
Critically Rated for | No critically rated category | Promotions | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 67% employees reported | Work from office 61% employees reported | Work from office 52% employees reported | Work from office 71% employees reported |
Rating by Women Employees | 3.9 Good rated by 14 women | 3.8 Good rated by 10 women | 3.8 Good rated by 11 women | 4.3 Good rated by 14 women |
Rating by Men Employees | 3.7 Good rated by 103 men | 4.0 Good rated by 98 men | 4.4 Good rated by 153 men | 4.0 Good rated by 569 men |
Job security | 3.6 Good | 3.5 Good | 4.2 Good | 3.7 Good |
View more
Modern Foods Salaries
Modern Foods salaries have received with an average score of 3.7 out of 5 by 124 employees.
Sales Executive
(25 salaries)
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โน3.3 L/yr - โน6.5 L/yr
Executive Production
(25 salaries)
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โน3.1 L/yr - โน4.6 L/yr
Territory Sales Incharge
(16 salaries)
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โน2.3 L/yr - โน4.5 L/yr
Quality Executive
(12 salaries)
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โน2.4 L/yr - โน6 L/yr
Executive Accountant
(9 salaries)
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โน1.5 L/yr - โน6.2 L/yr
Sales Manager
(8 salaries)
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โน11 L/yr - โน29.9 L/yr
Executive Quality Assurance
(8 salaries)
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โน3.4 L/yr - โน5 L/yr
Accounts Manager
(8 salaries)
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โน12.9 L/yr - โน20.6 L/yr
Senior Sales Executive
(7 salaries)
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โน3.4 L/yr - โน5.3 L/yr
Maintenance Manager
(7 salaries)
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โน2.7 L/yr - โน6.1 L/yr
Modern Foods Offices
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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 3.5 out of 5 based on 100+ employee reviews on AmbitionBox. 69% employees rated Modern Foods 4 or above, while 31% 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 as moderate, with a promotions and appraisal rating of 3.4. 31% employees rated Modern Foods 3 or below, while 69% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Modern Foods promotions/appraisals reviews for more detailed insights.
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