Fonterra

New Zealand dairy giant Fonterra Co-operative Group Ltd will wind down its 2018 joint venture with Future Consumer Ltd in the wake of COVID-led disruptions, Future said on Thursday.

Future Consumer, a part of Kishore Biyani-led Future Group, on Thursday said it has decided to terminate a joint venture pact with New Zealand's dairy firm Fonterra.

In its second stint in India, the New-Zealand-based dairy major looks to put its past behind it and leverage its newly forged JV with the Future group

Fonterra firm will launch value-added milk products in Maharashtra, before heading to the south

'We have to focus on the consumer and deliver what they want'