Future Consumer Enterprise has entered into definitive arrangement to sell its entire investment in Capital Foods (earlier known as Capital Foods Exportts) on terms and conditions mentioned there under. Capital Foods manufactures and markets processed foods like instant noodles, spices, sauces, chutney and microwavable rice and curries under various brands, including Ching's Secret, Smith & Jones, Raji, Mama Marie and Kaeng Thai.
Future Consumer Enterprise is the alternate investment arm of Future Group, India's largest retailer. The Future Group is a business group, led by Kishore Biyani, focusing on consumption-led businesses in India and is also one of India’s leading organized multi-format retailers.
