French cheesemaker Fromageries Bel has remained silent on reports that it is in “advanced talks” over a manufacturing and distribution venture for the Indian market.
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According to Indian reports, the tie-up with with Indian dairy group Parag Milk Foods would provide Bel with a milk procurement and marketing network in the country, facilitating local production of its products.
A spokesperson for the company declined to comment on the reports. “We will not comment on reports of this speculative nature,” the spokesperson said. “We already sell our Laughing Cow brand in the market and we do view India as a growth prospect.”
The group exports Laughing Cow products from its production plant in Morocco to India.
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By GlobalData
