Sayaji Industries has formed a 50:50 joint venture with Nigay SAS, France to establish a state-of-the-art caramel manufacturing facility in Ahmedabad.
The joint venture has been created with the objective of serving high growth emerging markets including India and the Indian subcontinent, the Middle East, Africa and South East Asia. Rising demand across beverages, flavours, bakery products and ready to consume food categories continues to drive strong growth for caramels across these regions.
Sayaji Industries is one of the largest manufacturers of Starches, Liquid Glucose, Dextrose Monohydrate, Anhydrous Dextrose and Sorbitol in India.
