INDIA’S HERITAGE FOOD HUNTS FOR STRATEGIC PARTNERS
February 1st, 2016
Hyderabad-based Heritage Foods Ltd is looking for strategic retail partners, according to Dharmender Matai, the company’s chief operating officer - retail and bakery division has confirmed. Telling just-food that the company’s board appointed KPMG to scout potential collaborators in January, he added: “We are looking for financial and or strategic partners in the retail business.”
The group plans to invest INR200 million (USD2.91 million) annually over the next five years in its Chennai, Hyderabad and Bangalore retail outlets: “Our current plan is to ...
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