date:Dec 03, 2012
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Wockhardt's brands such as Farex, Dexolac, and Nusobee in baby nutrition and Protinex in medical nutrition compete with principal global rival Nestl.
India's baby nutrition market is valued about $456m, in which Danone holds about 8% market share against Nestl's 80%.
Danone India nutrition business unit Nutricia International managing director Laurent Marcel said that nutrition sector growth in India will overtake China's growth.
Nutricia expects to leverage the existing Danone and Wockhar