The broad segments that are under examination are ready-to-eat, ready-to-cook and do-it-yourself in the foods business, apart from staples, sugar, salt or nuts. Depending upon the fit and need for investment, the venture would be taken up
There are plans to undertake an initial public offering for the group’s edible oil and packaged food business, Emami Agrotech, once the business delivers sustained profit which is impacted last fiscal and this year due to volatility in edible oil prices globally, said promoter director of the group Aditya V Agarwal.
There are plans to undertake an initial public offering for the groups edible oil and packaged food business, Emami Agrotech, once the business delivers sustained profit which is impacted last fiscal and this year due to volatility in edible oil prices globally, said promoter director of the group Aditya V Agarwal.
Emami Group looks to enter new consumer-facing businesses as McKinsey working on a roadmap thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
At the helm of FICCI, Anish Shah is joined by Harsha V Agarwal, Vice Chairman and Managing Director of Emami Ltd. Agarwal is one of the youngest second-generation leaders of the Rs. 35,000 crore Emami Group and a member of the strategic think-tank committee. He is the younger son of Mr Radhe Shyam Agarwal, Founder of Emami Group.