Deals23 Oct 2023, 06:51 pm
Hindustan Foods Limited to Enter Contract Manufacturing of Sports Shoes
AI Summary
Hindustan Foods Limited, a leading contract manufacturer in the FMCG sector, announces plans to invest up to Rs. 100 crores to enter into contract manufacturing of sports shoes. The company has acquired KNS Shoetech Private Limited and is committed to exploring new growth opportunities.,
Key Highlights
- Investment of Rs. 100 crores in sports shoes manufacturing
- Acquisition of KNS Shoetech Private Limited
- Expansion into new growth opportunities