The new SKU is made using the brand’s signature slow fermentation process and contains just four ingredients: flour, water, salt and fermented wheat flour, delivering a golden, crunchy texture when toasted.
The financing gives the food processing equipment business additional flexibility as it moves toward independence and a more aggressive acquisition-led growth strategy.
General Mills posted net sales of US$4.6 billion, representing a 1% increase from the same period last year.
Nestlé has committed to advancing regenerative food systems at scale and aims to source 50% of its key ingredients from farmers adopting regenerative agriculture practices by 2030.
The 22 acre site will produce concentrates for PepsiCo’s product portfolio and is part of a larger Rs 5,700 crore (US$598.67M) investment pipeline the company has committed to India through 2030.