Tata to expand i-Shakti foods business
date:Jul 17, 2012
The Tata Group, which is considered to be a leading player in soda ash and sodium bicarbonate segments in India, is now planning to foray into the nutraceuticals business, reported moneycontrol.com.
It is establishing a facility in Chennai, a South Indian city, to produce nutraceuticals used in the foods business. The company is investing INR500m ($9.1m) for this purpose.
The plant will manufacture oligosaccharides and polyols, which will be sold to several food firms. After its Tata Salt, i-Sha
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