ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Beckoned by Biotechnology

Beckoned by Biotechnology Hansavivek BRITANNIA INDUSTRIES' negotiations with government with regard to company's proposal to put up a soyabean complex in MP are in an advanced stage and the company expects to receive shortly a letter of intent. The management is also exploring other suitable growth opportunities in areas related to company's existing business. Prospects of prosperous development in the future have brightened since Nabisco Brands of US acquired Huntley and Palmer Foods, UK, in December 1982. US firm is one of the largest food processing company in the world and is able to offer to Britannia a wide range of food and packaging technology and other management skills. Meanwhile, in view of growing importance and application of bio-technology, Indian company's R and D scientists are engaged in selective investigations to explore diversification possibilities in allied businesses.

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