INDIA’S HERITAGE FOODS CHOOSES FRENCH PARTNER FOR MAJOR YOGHURT PLANT
August 1st, 2017
India’s Heritage Foods and France’s Novandie will be investing Indian Rupees INR160 million (USD2.5 million) in building a yoghurt manufacturing facility in Maharashtra as part of a 50-50 joint venture. “The plant would be set up in western region, in the vicinity of Mumbai or Pune and will start production next year (2018),” a company spokesperson told just-food. He said that initially, the unit will produce only flavoured yoghurt. Later it will manufacture fruit yogurt lines, although Heritage has no timetable for this expansion of output. Heritage ...
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