ITC to buy 24 Mantra Organic for ₹472.5 crore to power its healthy foods portfolio

Rate this post


ItsC Limited has invested a recent growing procurement agreement to purchase shares to purchase a shares in a decisive step.

With this achievement ITC, ITC brings one of the best known Organic Packed Food Names, positioning at the forefront of a steady nutritional movement, both at home and abroad.

SNBPL offers a large-scale portfolio of more than 100 organic products from staples and spices to edible oils and drinks. The brand has a great presence in the Indian Diaspora, particularly in the Indian Diaspora and has built a network of stability-based farming. This network is based on a community of approximately 27,500 farmers, which develops about 1.4 lakh acres certified organic land in 10 Indian states.

These acquisition corks make up 10,000 crows, where both domestic and export opportunities are expanding rapidly. Promoting organic agriculture with the support of the government and increasing the consumer preference to natural, trace food products, the field is ready for significant growth.

ITC aims to leverage SNBL’s Sorcince network and persistent to fill its existing packaged food portfolio. “We are enthusiastic about having 24 mantra organic, as a portfolio of food products by ITC’s food business portfolio,” says “Hemang Malik”, ITC Limited. “We are confident that 24 mantra organicness will be the presence and market of ITC, which is in high growth in organic products, both in the Indian and foreign markets.”

This achievement also equates the company’s better “ITC Next” strategy, which is champion by President Sanjiv Puri, which aims to the future of the future through innovation and diversification of the portfolio.

Rajashkar Seelam, the founder and executive director of Snbpl, was optimistic.

 
Report

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *