STANDARD CHARTERED PUTS USD25 MILLION INTO INDIA’S BUSH FOODS
April 1st, 2011
BY JEN SWANSON
UK-BASED financier Standard Chartered Private Equity has told just-food it is bullish about its US dollar USD25 million investment into Bush Foods Overseas Pvt. Ltd, a New Delhi-based basmati rice exporter. "The sector and the company offers great potential," predicted Rahul Raisurana, the investor's managing director, adding that his company viewed India's food sector as offering attractive business opportunities at present. It will be Standard Chartered's first deal with an Indian food processing company, signalling the British firm's ...
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