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Sayaji inks MoU with France's Alland & Robert for proposed JV

Press Trust of India  |  New Delhi 

Thursday said its subsidiary Sayaji IngriTech has signed a memorandum of understanding (MoU) with France-based Alland & Robert, one of the largest manufacturers of Arabic worldwide, for a proposed joint venture (JV).

"The proposed joint venture will leverage the and distribution capabilities of in the and ingredients space in Allan & Robert will provide the technological and processing expertise to provide its customers with a quality product that is currently not being produced in India," said.

Arabic, also known as gum acacia, is used in flavours, beverages, confectionery, dairy, bakery and among others. Most food based MNCs are the primary end users of this product.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, October 11 2018. 18:30 IST