NEW DELHI, April 17 -- Orkla India, the listed maker of MTR foods and Eastern spices, is gearing up for its next phase of growth with a cash-rich balance sheet to fund acquisitions, even as it pivots towards convenience foods and digital channels-moves that could stretch its traditional operating model.

"We are a cash-generating company. We generate anything between Rs.300-400 crore annually. money is not a constraint," Sanjay Sharma, managing director and chief executive officer at Orkla India, said in an interview with Mint.

The debt-free company is evaluating partnerships and buyouts of regional brands as it looks to expand beyond its southern stronghold.

The push comes as Orkla works to stabilize performance after its listing in No...