Mumbai/Bengaluru, July 19 -- Packaged foods maker iD Fresh Food expects its international business to grow faster than its domestic operations over the next two years as competition intensifies in India's ready-to-cook (RTC) category. In India, the company is focused on improving margins while accelerating product launches into newer categories such as snacking, aided by the rapid growth of quick commerce.

International markets currently account for nearly a third of iD Fresh's business, with the Gulf Cooperation Council (GCC) region contributing the bulk of overseas revenue, Rajat Diwaker, chief executive officer for India operations, told Mint in an interview.

While Diwaker did not forecast how much the international business would co...