date:Jun 08, 2013
Ruchi Soya Industries Ltd, one of India's leading food and agro-based fast-moving consumer goods (FMCG) players, entered a joint venture with J-Oil Mills Inc (J-Oil), one of Japan's leading edible oil companies, and Toyota Tsusho Corporation (TTC), one of the largest global trading companies in Japan.
Ruchi Soya Industries Ltd's board of directors consented to form the joint venture company, in which the Indian company will have a 51 per cent stake. J-Oil will have a 26 per cent stake, while th