India

Unlike conventional pearl millet hybrids that involve two parents, a three-way hybrid combines three parental lines, enabling the integration of multiple traits.

The deal underscores growing investor interest in health-focused food brands and highlights the continued momentum of plant-based and clean-label products in the American marketplace.

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.