Bikaji Foods International has made an investment in its wholly owned subsidiary -- Bikaji Foods International USA Corp (Bikaji USA). The company has made additional subscription of 15,000 common stock of $10 each of Bikaji USA, amounting to $1,50,000. The Bikaji USA belongs to Fast Moving Consumer Goods (FMCG) Industry.
The objective behind the investment is to accelerate business growth and enhance market presence. The company aims to further strengthen its distribution network in the USA, thereby ensuring wider reach and improved customer accessibility.
Bikaji Foods International is one of India's largest fast-moving consumer goods (FMCG) brands.