Total Produce, the food company spun-off from Fyffes at the beginning of this year, announced today (2 February) that it is entering the Indian market through a joint venture with Indian company Tata Chemicals.
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The newly formed group intends to establish distribution facilities for fresh fruit and vegetables across the sub-continent. Tata Chemicals, part of the steel giant Tata, already controls a network of agri-service centres supplying advice and equipment to farmers.
The first two centres to be set up will be located in the north and east of India. The initial investment will total EUR4.5m (US$5.85m).
