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LT Foods enters into JV with Japan based KAMEDA SEIKA

24 Nov 2016 Evaluate

LT Foods has entered into Joint Venture (JV) with KAMEDA SEIKA of Japan to manufacture and market rice based snacks in India. The said JV will start manufacturing the snack range in Sonepat later in the financial year 2017-18.

LT Foods is one of the country’s leading processor and exporter of packaged rice foods under the flagship brand “Daawat”. The brand is among the top players in the domestic branded Basmati Rice markets.



Peers
Company Name CMP
Nestle India 1320.00
Varun Beverages 430.00
Britannia Industries 4757.95
LT Foods 405.25
Hatsun Agro Product 1117.90
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