Food Companies

Despite steep valuations, local food brands top draw for big companies

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Home-grown food companies seem to be the flavour of the season. Global food major Kellogg’s interest in desi brand Haldiram’s is just one of the many potential deals in the sector, say experts, as local firms look to cash out in a growing market. “In the case of snacks, for instance, taste and flavour profiles are very local,”

Dhanraj Bhagat
Partner, Grant Thornton India LLP

This article appeared in Economic Times on 17th February, 2019