 "Marcel Smits (pictured), chairman and chief executive officer, Asia Pacific, Cargill")
Global food and agriculture major Cargill plans to invest $160 million out of the $240 million it promised in the next three years for fresh acquisitions, including brands, geographical and product-line expansions, two senior officials from the company said.
Once through, Cargill's total investment in India will touch almost $750 million that includes around $500 million in various facilities across the country over the years.
“Discussions are on towards increasing farmers’ income and productivity. We think that Cargill's various businesses from agricultural supply chain, food and animal nutrition could play a big role in the months to come," said Marcel
