After a decade's absence, New Zealand-based Fonterra will return to India -- one of the world's fastest growing dairy markets. The company said that it partnered with Mumbai headquartered retail major Future Consumer, part of Future Group, to make a range of consumer and dairy products. This JV was announced...
NZ's Fonterra Forms Dairy Joint Venture
New Zealand-based Fonterra, the world’s largest dairy exporter, announced a joint venture with Mumbai-based Future Group to produce a range of consumer and food service dairy products for the Indian market. The new entity which will be known as Fonterra Future Dairy Partners, will enable Fonterra to establish a presence...