Snapshots of Food Industry News Future Group invests in Booker Group in India The Future Group is picking up 50 percent stake into the cash and carry business with UK based Booker Group which is a retailer. Future will invest Rs.50 crore and the deal is routed through the FMCG arm to leverage its food […]
Food Industry This Week – Acquisitions & Expansions
Snapshots of Food Industry News Patanjali Ayurved acquires Haryana based RH Agro’s rice mill With the aim of launching 18 rice brands by Diwali Ramdev’s Patanjali has bought the Haryana rice mill of RH Agro for Rs. 70 crores. Besides this, Patanjali has also leased four other rice mills across the country to facilitate its […]
Food Industry This Week – Frozen Food Market & Investments in Manufacturing
Snapshots of Food Industry News ITC to set up 9 plants with an investment of Rs. 4,000 crores Over the next two to three years ITC will set up 9 plants across the country with an investment of Rs.4000 crores. The FMCG major intends to use these factories to manufacture food products across different categories […]
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