date:Aug 14, 2014
into milk derivatives business in this part of the world.
The most recent one is the 100 per cent acquisition of Tirumala Milk Products Pvt Ltd by Groupe Lactalis SA, France and French dairy major Danone increasing its presence in the Indian dairy sector with slew of product launches such as flavored curd, yoghurt etc.
Other investments include Nestle Indias acquisition of 26 per cent stake in Indocon Agro and Allied Activities Pvt Ltd and Hatsun Agro Products Ltd acquiring 100 per cent stake