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. Snacks and dairy, in particular, are two areas where investor interest remains high as national and international food companies eye a bigger foothold in these segments despite steep valuations.
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First Published: Sun, February 17 2019. 00:11 IST