01.20.17
The Hain Celestial Group, Inc. has formed a strategic joint venture between Future Consumer Limited and Hain Tilda India Private Limited with the objective to pursue joint interests in food marketing and development in India. FCL is the Food and FMCG arm of Future Group, one of India's retail pioneers with multiple retail formats, that aims to build quality consumer products for the next generation of Indian consumers.
"We are pleased to expand our presence in India with the Future Group," commented Irwin D. Simon, founder, president and chief executive officer of Hain Celestial. " Rajnish Ohri,our managing director in India and his team will work together with Future Group to provide us with an opportunity to grow distribution of Hain Celestial's brands and products throughout India with its growing population and our focus on families in a more meaningful way."
The JV will manufacture, market natural and organic products in various categories, including snacks, plant-based beverages and toddler and kids foods. No word yet, if the agreement includes personal care products.
"We are pleased to expand our presence in India with the Future Group," commented Irwin D. Simon, founder, president and chief executive officer of Hain Celestial. " Rajnish Ohri,our managing director in India and his team will work together with Future Group to provide us with an opportunity to grow distribution of Hain Celestial's brands and products throughout India with its growing population and our focus on families in a more meaningful way."
The JV will manufacture, market natural and organic products in various categories, including snacks, plant-based beverages and toddler and kids foods. No word yet, if the agreement includes personal care products.