Dole Packaged Foods Worldwide is to partner up with retailer Future Group to expand the brand’s presence in India, according to BusinessLine. Global president for Dole Packaged Foods, Pier-Luigi Sigismondi, underlined the significance of the move:
“We do believe that globally speaking, we can double the size of our business in the next five years and that cannot happen without us playing a big role in India as well. India for us remains a very strategic market.”
Future Group has over 750 stores in more than 30 Indian cities and will stock Dole products from December or January. For its part, Dole will be opening plants in India next year and is currently in discussions with companies in India to prepare for this.