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.
The event highlighted the institute’s ongoing efforts to train professionals in milling and food technology, ensuring that India’s food sector remains resilient, innovative, and globally competitive.
By 2026, ADM and Bayer expect the initiative to significantly boost farmer livelihoods, reduce carbon footprints, and contribute to India’s broader sustainability goals.