Business3 hours ago
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ITC Invests ₹900 Cr in Sproutlife Foods to Boost FMCG Growth
ITC's ₹900 crore investment in Sproutlife Foods marks a significant move in India's health-food sector. By acquiring a 52.5% stake, ITC aims to enhance its FMCG portfolio, capitalizing on the booming demand for health-conscious products. Sproutlife's impressive revenue of ₹452 crore in FY26 underscores the potential of this strategic acquisition.
⚖️ AI Verdict
"A smart investment move in the health-food market!"
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