SUNTORY SETS UP JV IN INDIA, AIMING EXPANSION
May 1st, 2012
BY WANG FANGQING, IN SHANGHAI
Japanese beverage giant Suntory's subsidiary, Singapore-based Suntory Beverage & Food Asia, is planning to manufacture beverages in India, a spokesman told just-drinks. It will in June buy 51% stocks in Narang Connect, a Mumbai-based subsidiary of India's leading food and beverage distribution company Narang Group. The new JV Suntory Narang (SN) will initially import and sell Orangina, which Suntory has made and sold in Japan since March (2012). "Orangina is just a start, and later SN will start to locally manufacture ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.