Sayaji Industries Forms Joint Venture For Caramel Facility, New Plant By 2027

Sayaji Industries Ltd, a leading player in the food processing sector, has unveiled plans to set up a caramel production facility in collaboration with Nigay SAS, a renowned French company specializing in caramel ingredients. The facility is expected to begin operations by the end of 2027, underscoring Sayaji’s focus on innovation and global expansion.  

Key highlights from the announcement include  

• Joint venture formed with Nigay SAS for caramel production.  
• New plant expected to start operations by end of 2027.  
• Facility will focus on specialty food ingredients catering to domestic and international markets.  
• Partnership strengthens Sayaji’s global footprint and product diversification strategy.  
• Move aligns with rising demand for value-added food ingredients in India and abroad.  
• Industry experts view the collaboration as a significant step toward enhancing competitiveness and innovation.  

The joint venture reflects Sayaji Industries’ commitment to expanding its product portfolio and tapping into high-growth segments of the food industry. With Nigay SAS’s expertise and Sayaji’s market presence, the partnership is poised to deliver long-term value.  

Sources: Reuters, Economic Times, Business Standard