date:May 27, 2016
India's Adani Wilmar and Ruchi Soya are teaming up to form a joint venture (JV) in India, as they look to tap into the growing demand for food in the country which has a population of over one billion people.
The JV will produce and distribute vegetable oils, soya foods, grains, castor oils, biodiesel and other products and hope to cut costs by bringing together the two companies' procurement, marketing and distribution channels.
Both companies will also contribute to manufacturing suppo