Sayaji Industries’ subsidiary Sayaji IngriTech LLP, has entered into a Memorandum of Understanding (MOU) with France-based Alland and Robert one of the largest manufacturers of Gum Arabic worldwide, for a proposed joint venture.
The proposed joint venture will leverage the manufacturing and distribution capabilities of the company in the food and food ingredients space in India; Allan and Robert will provide the technological and gum processing expertise to provide its customers with a quality product that is currently not being produced in India. Gum Arabic, also known as gum acacia, is used in flavours, beverages, confectionery, dairy, bakery and dietary products among others. With most food based MNCs being the end users.
Sayaji Industries is one of the largest manufacturers of Starches, Liquid Glucose, Dextrose Monohydrate, Anhydrous Dextrose and Sorbitol in India.
Company Name | CMP |
---|---|
Nestle | 2237.90 |
Britannia Inds | 4923.85 |
Varun Beverages | 574.70 |
Marico | 667.80 |
Hatsun Agro Product | 937.15 |
View more.. |