The company’s latest initiatives reflect a growing focus on diversifying its product portfolio, enhancing processing capacity, and serving a wider range of institutional and retail customers across India.
The agribusiness company has started two pilot solar projects as it seeks to cut energy costs, support grain storage operations, and reduce emissions.
The deal is designed to sharpen IFF’s focus on its higher-growth and higher-margin businesses while strengthening its balance sheet and enhancing long-term shareholder value.
The sweeping collaboration is specifically engineered to accelerate growth within India’s rapidly expanding specialty food and pharmaceutical ingredient markets.
The company plans to support 15,000 soybean farmers in Maharashtra through climate-smart farming practices and digital farm tools.