India

While the private sector will be responsible for the purchase, financing, storage, maintenance and supply of strategic wheat reserves, the government will retain a regulatory, oversight and strategic control role.

Exports rose to 21.55 million tonnes from 18.05 million in 2024, close to the 2022 record of 22.3 million tonnes.

The acquisition strengthens Annapurna Swadisht Limited’s product portfolio and positions it for expansion in both domestic and international markets.

The deal involves L Catterton taking a stake in Haldiram’s for an undisclosed sum to accelerate the brand’s domestic growth and international expansion.

This initiative aims to create healthier cooking oil options for consumers by leveraging green technologies for extraction and purification, along with comprehensive characterization, shelf-life studies, and efficacy testing.