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INDIA – Adani Wilmar, a leading packaged food company in India has denied speculation that the parent company, Adani Group was mulling the disposal of the 44% interest in the Adani Wilmar venture to raise funds for capital purposes. Headed up by chairman Gautam Adani, the Indian conglomerate kicks back after an initial Bloomberg News report that the flagship company of…
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INDIA – Adani Wilmar, a leading packaged food company in India has recorded a year-on-year (YoY) volume growth of 14% in the last fiscal, helping the company’s revenue to cross Rs 55,000 crore (US$6.7M) in FY23, reports ET Retail. Adani Wilmar is a joint venture between Indian conglomerate Adani Group and Singapore’s Wilmar Group which specializes in offering most of the…
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INDIA-Adani Wilmar, a leading packaged food company in India, is foresting increased sales for edible oils in the third quarter following high demand during the festive season coupled with increasing out-of-home consumption. Adani Wilmar, a joint venture between Indian conglomerate Adani Group and Singapore’s Wilmar Group, offers most of the essential kitchen commodities including edible oil, wheat flour, rice, pulses,…
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