Britannia Industries Ltd.

BSE: 500825 | NSE: BRITANNIA
Large Cap | Consumer Food
5519.20
-291.55 (-5.02%)
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Britannia signs JV agreement with Greece based company 'Chipita'

Date: 28-03-2017

Britannia Industries has signed a joint venture (JV) agreement with Chipita S A, a Greek company for the purpose of developing, producing and selling ready-to-eat long life filled croissants and any other product as may be agreed between the parties through a joint venture company in India namely ‘Britchip Foods’.

Britannia Industries, one of the India’s biggest brands of the country, has a market share of over 33%. More-than-a-century old Britannia has launched big brands in FMCG Segment. The company is expanding its customer base by launching new products and renovating existing ones.