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The company plans to leverage this tie-up to expand its footprint in India’s organised retail sector
NHC Foods, a leading exporter of agricultural commodities and spices, has entered into a strategic Memorandum of Understanding (MoU) with Lotmor Brands, marking a significant move in the company’s growth and diversification strategy.
This grants NHC Foods the rights to manufacture a range of beverages and similar products under Lotmor’s ‘Nature Day’ brand. The strategic move aligns with NHC Foods’ strategy to diversify its portfolio beyond exports and agricultural commodities.
The company plans to leverage this tie-up to expand its footprint in India’s organised retail sector, with a focused entry into leading chains. NHC aims to capture the growing demand for quality packaged beverages and allied FMCG products driven by evolving consumer lifestyles and preferences.
Satyam Joshi, Managing Director, NHC Foods, said, “This MoU with Lotmor marks a defining moment for NHC Foods as we step into India’s thriving retail sector. Our strengths in manufacturing, quality assurance, and distribution, combined with Lotmor’s product innovation, will enable us to deliver exceptional value to the consumers. This is the beginning of a long-term transformation for us.”