DANONE AIMS TO DOUBLE BABY FOOD SALE IN INDIA IN THREE YEARS
November 1st, 2012
BY MINI PANT ZACHARIAH, IN MUMBAI
French multinational food company Danone plans to double its market share of 8% in India's Indian Rupee INR 25 billion (USD 459 million) baby food market over the next three years, Laurent Marcel, managing director of Nutricia Baby Nutrition has said. Speaking at a press conference in Mumbai yesterday (Thursday), he said: "India's growth in nutrition sector will outpace China's growth. We are here to expand, grow the business." Danone acquired the nutrition business of India's Wockhardt Group in July this year for ...
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